salaryToledo is 4% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Toledo to live the same way.
🏠 Rent per month
$1,401
$994
🛏️ 2-bedroom rent
$1,284
$1,028
💵 Families earn per year
$73,680
$53,627
🔑 Buying a house
$291,500
$114,500
📊 Overall prices (U.S. = 100)
95.5
91.5
🏛️ Property tax per year
$2,678
$1,849
⚡ Electric bill per month
$94
$107
👥 People living there
562,218
267,463
Commute to work
22.4 min
19.8 min
College degree
39.2%
21.9%
Own their home
61.8%
53.3%
Below poverty line
15.5%
24.3%
Unemployment
5.4%
7.7%
Bottom line
- Pick Albuquerque for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Toledo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | Albuquerque | Toledo | Difference |
|---|---|---|---|
| Firefighter | $42,420 | $60,590 | +43% in Toledo |
| Electrician | $59,120 | $74,710 | +26% in Toledo |
| Dental Hygienist | $95,900 | $76,580 | -20% in Toledo |
| Elementary School Teacher | $75,520 | $63,250 | -16% in Toledo |
| Software Developer | $123,700 | $104,360 | -16% in Toledo |
| Registered Nurse | $96,040 | $81,050 | -16% in Toledo |
| Warehouse Worker | $37,230 | $42,640 | +15% in Toledo |
| Nurse Practitioner | $140,950 | $121,780 | -14% in Toledo |
Frequently asked questions
Is Albuquerque or Toledo cheaper to live in?
Toledo is about 4% cheaper overall. Rent is $994 a month there versus $1,401 in Albuquerque.
What salary do I need in Toledo to match $60,000 in Albuquerque?
About $57,431 a year gives the same standard of living in Toledo.
Where do people earn more, Albuquerque or Toledo?
The typical household earns $73,680 in Albuquerque and $53,627 in Toledo, 37% more in Albuquerque.