Toledo is 5% 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
$1,397
$994
🛏️ 2-bedroom rent
$1,121
$1,028
💵 Families earn per year
$53,969
$53,627
🔑 Buying a house
$164,200
$114,500
📊 Overall prices (U.S. = 100)
95.8
91.5
🏛️ Property tax per year
$1,622
$1,849
⚡ Electric bill per month
$99
$107
👥 People living there
276,854
267,463
Commute to work
19.9 min
19.8 min
College degree
31.2%
21.9%
Own their home
43%
53.3%
Below poverty line
26%
24.3%
Unemployment
7.3%
7.7%
Bottom line
- Pick Buffalo for higher incomes, a more educated workforce, lower unemployment.
- Pick Toledo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Buffalo | Toledo | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $46,580 | $36,140 | -22% in Toledo |
| Firefighter | $74,470 | $60,590 | -19% in Toledo |
| Software Developer | $127,850 | $104,360 | -18% in Toledo |
| Registered Nurse | $99,060 | $81,050 | -18% in Toledo |
| Elementary School Teacher | $76,490 | $63,250 | -17% in Toledo |
| Market Research Analyst | $75,990 | $62,950 | -17% in Toledo |
| Cashier | $33,850 | $29,270 | -14% in Toledo |
| Lawyer | $130,800 | $113,920 | -13% in Toledo |
Frequently asked questions
Is Buffalo or Toledo cheaper to live in?
Toledo is about 5% cheaper overall. Rent is $994 a month there versus $1,397 in Buffalo.
What salary do I need in Toledo to match $60,000 in Buffalo?
About $57,252 a year gives the same standard of living in Toledo.
Where do people earn more, Buffalo or Toledo?
The typical household earns $53,969 in Buffalo and $53,627 in Toledo, 1% more in Buffalo.