salaryToledo is 6% 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
$1,881
$994
🛏️ 2-bedroom rent
$1,690
$1,028
💵 Families earn per year
$88,510
$53,627
🔑 Buying a house
$385,700
$114,500
📊 Overall prices (U.S. = 100)
97.3
91.5
🏛️ Property tax per year
$2,808
$1,849
⚡ Electric bill per month
$126
$107
👥 People living there
903,844
267,463
Commute to work
24.7 min
19.8 min
College degree
48%
21.9%
Own their home
51%
53.3%
Below poverty line
11.7%
24.3%
Unemployment
4.6%
7.7%
Bottom line
- Pick Charlotte 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 | Charlotte | Toledo | Difference |
|---|---|---|---|
| Firefighter | $38,700 | $60,590 | +57% in Toledo |
| Lawyer | $157,180 | $113,920 | -28% in Toledo |
| Electrician | $59,080 | $74,710 | +26% in Toledo |
| Market Research Analyst | $82,930 | $62,950 | -24% in Toledo |
| Software Developer | $135,920 | $104,360 | -23% in Toledo |
| Dental Hygienist | $98,390 | $76,580 | -22% in Toledo |
| Carpenter | $50,960 | $61,070 | +20% in Toledo |
| Computer Systems Analyst | $110,790 | $91,950 | -17% in Toledo |
Frequently asked questions
Is Charlotte or Toledo cheaper to live in?
Toledo is about 6% cheaper overall. Rent is $994 a month there versus $1,881 in Charlotte.
What salary do I need in Toledo to match $60,000 in Charlotte?
About $56,368 a year gives the same standard of living in Toledo.
Where do people earn more, Charlotte or Toledo?
The typical household earns $88,510 in Charlotte and $53,627 in Toledo, 65% more in Charlotte.