salaryToledo is 12% 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
$1,619
$994
🛏️ 2-bedroom rent
$1,479
$1,028
💵 Families earn per year
$67,058
$53,627
🔑 Buying a house
$229,600
$114,500
📊 Overall prices (U.S. = 100)
104.5
91.5
🏛️ Property tax per year
$3,354
$1,849
⚡ Electric bill per month
$157
$107
👥 People living there
573,243
267,463
Commute to work
29.1 min
19.8 min
College degree
36.1%
21.9%
Own their home
47.5%
53.3%
Below poverty line
19.7%
24.3%
Unemployment
6.5%
7.7%
Bottom line
- Pick Baltimore 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 | Baltimore | Toledo | Difference |
|---|---|---|---|
| Dental Hygienist | $116,130 | $76,580 | -34% in Toledo |
| Software Developer | $138,900 | $104,360 | -25% in Toledo |
| Operations Manager | $117,040 | $95,120 | -19% in Toledo |
| Registered Nurse | $99,550 | $81,050 | -19% in Toledo |
| Firefighter | $73,810 | $60,590 | -18% in Toledo |
| Elementary School Teacher | $76,400 | $63,250 | -17% in Toledo |
| Licensed Practical Nurse | $74,860 | $62,280 | -17% in Toledo |
| Market Research Analyst | $74,620 | $62,950 | -16% in Toledo |
Frequently asked questions
Is Baltimore or Toledo cheaper to live in?
Toledo is about 12% cheaper overall. Rent is $994 a month there versus $1,619 in Baltimore.
What salary do I need in Toledo to match $60,000 in Baltimore?
About $52,517 a year gives the same standard of living in Toledo.
Where do people earn more, Baltimore or Toledo?
The typical household earns $67,058 in Baltimore and $53,627 in Toledo, 25% more in Baltimore.