salaryToledo is 7% 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
$1,932
$994
🛏️ 2-bedroom rent
$1,941
$1,028
💵 Families earn per year
$101,010
$53,627
🔑 Buying a house
$555,300
$114,500
📊 Overall prices (U.S. = 100)
98.1
91.5
🏛️ Property tax per year
$8,024
$1,849
⚡ Electric bill per month
$134
$107
👥 People living there
979,539
267,463
Commute to work
23.7 min
19.8 min
College degree
59.6%
21.9%
Own their home
43.4%
53.3%
Below poverty line
12%
24.3%
Unemployment
4.7%
7.7%
Bottom line
- Pick Austin 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 | Austin | Toledo | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $27,260 | $36,140 | +33% in Toledo |
| Dental Hygienist | $105,480 | $76,580 | -27% in Toledo |
| Lawyer | $153,330 | $113,920 | -26% in Toledo |
| Electrician | $60,390 | $74,710 | +24% in Toledo |
| Software Developer | $134,120 | $104,360 | -22% in Toledo |
| Market Research Analyst | $80,460 | $62,950 | -22% in Toledo |
| Carpenter | $50,260 | $61,070 | +22% in Toledo |
| Operations Manager | $117,850 | $95,120 | -19% in Toledo |
Frequently asked questions
Is Austin or Toledo cheaper to live in?
Toledo is about 7% cheaper overall. Rent is $994 a month there versus $1,932 in Austin.
What salary do I need in Toledo to match $60,000 in Austin?
About $55,955 a year gives the same standard of living in Toledo.
Where do people earn more, Austin or Toledo?
The typical household earns $101,010 in Austin and $53,627 in Toledo, 88% more in Austin.