Toledo is 13% 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
$1,651
$994
🛏️ 2-bedroom rent
$1,565
$1,028
💵 Families earn per year
$111,392
$53,627
🔑 Buying a house
$395,900
$114,500
📊 Overall prices (U.S. = 100)
105.4
91.5
🏛️ Property tax per year
$4,982
$1,849
⚡ Electric bill per month
$136
$107
👥 People living there
288,976
267,463
Commute to work
18.8 min
19.8 min
College degree
38.7%
21.9%
Own their home
63.9%
53.3%
Below poverty line
8.9%
24.3%
Unemployment
4.6%
7.7%
Bottom line
- Pick Anchorage for higher incomes, shorter commutes, a more educated workforce and 2 more.
- Pick Toledo for lower rent, cheaper 2-bedroom apartments, cheaper homes.
Pay for the same job
| Job | Anchorage | Toledo | Difference |
|---|---|---|---|
| Dental Hygienist | $132,740 | $76,580 | -42% in Toledo |
| Server (Waiter/Waitress) | $26,080 | $36,140 | +39% in Toledo |
| Police Officer | $115,020 | $73,650 | -36% in Toledo |
| Registered Nurse | $115,290 | $81,050 | -30% in Toledo |
| Plumber | $93,600 | $66,920 | -29% in Toledo |
| HVAC Technician | $85,620 | $62,460 | -27% in Toledo |
| Lawyer | $153,590 | $113,920 | -26% in Toledo |
| Licensed Practical Nurse | $82,330 | $62,280 | -24% in Toledo |
Frequently asked questions
Is Anchorage or Toledo cheaper to live in?
Toledo is about 13% cheaper overall. Rent is $994 a month there versus $1,651 in Anchorage.
What salary do I need in Toledo to match $60,000 in Anchorage?
About $52,052 a year gives the same standard of living in Toledo.
Where do people earn more, Anchorage or Toledo?
The typical household earns $111,392 in Anchorage and $53,627 in Toledo, 108% more in Anchorage.