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
$1,849
$994
🛏️ 2-bedroom rent
$1,567
$1,028
💵 Families earn per year
$102,860
$53,627
🔑 Buying a house
$378,400
$114,500
📊 Overall prices (U.S. = 100)
97.9
91.5
🏛️ Property tax per year
$3,108
$1,849
⚡ Electric bill per month
$178
$107
👥 People living there
252,583
267,463
Commute to work
25.8 min
19.8 min
College degree
36.9%
21.9%
Own their home
74.4%
53.3%
Below poverty line
9.4%
24.3%
Unemployment
4.9%
7.7%
Bottom line
- Pick Chesapeake 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 | Chesapeake | Toledo | Difference |
|---|---|---|---|
| Police Officer | $59,690 | $73,650 | +23% in Toledo |
| Dental Hygienist | $98,890 | $76,580 | -23% in Toledo |
| Electrician | $62,350 | $74,710 | +20% in Toledo |
| Truck Driver | $50,460 | $60,410 | +20% in Toledo |
| Software Developer | $129,090 | $104,360 | -19% in Toledo |
| Carpenter | $51,500 | $61,070 | +19% in Toledo |
| Lawyer | $133,380 | $113,920 | -15% in Toledo |
| Customer Service Representative | $38,150 | $42,970 | +13% in Toledo |
Frequently asked questions
Is Chesapeake or Toledo cheaper to live in?
Toledo is about 7% cheaper overall. Rent is $994 a month there versus $1,849 in Chesapeake.
What salary do I need in Toledo to match $60,000 in Chesapeake?
About $56,027 a year gives the same standard of living in Toledo.
Where do people earn more, Chesapeake or Toledo?
The typical household earns $102,860 in Chesapeake and $53,627 in Toledo, 92% more in Chesapeake.