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
$1,983
$994
🛏️ 2-bedroom rent
$1,622
$1,028
💵 Families earn per year
$84,017
$53,627
🔑 Buying a house
$334,100
$114,500
📊 Overall prices (U.S. = 100)
103.6
91.5
🏛️ Property tax per year
$4,943
$1,849
⚡ Electric bill per month
$90
$107
👥 People living there
2,711,226
267,463
Commute to work
33.1 min
19.8 min
College degree
44.3%
21.9%
Own their home
46%
53.3%
Below poverty line
16.8%
24.3%
Unemployment
8%
7.7%
Bottom line
- Pick Chicago for higher incomes, a more educated workforce, less poverty.
- Pick Toledo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Chicago | Toledo | Difference |
|---|---|---|---|
| Plumber | $103,380 | $66,920 | -35% in Toledo |
| Police Officer | $107,810 | $73,650 | -32% in Toledo |
| Lawyer | $165,660 | $113,920 | -31% in Toledo |
| Electrician | $102,350 | $74,710 | -27% in Toledo |
| Firefighter | $82,820 | $60,590 | -27% in Toledo |
| Carpenter | $80,440 | $61,070 | -24% in Toledo |
| Dental Hygienist | $100,260 | $76,580 | -24% in Toledo |
| Software Developer | $134,380 | $104,360 | -22% in Toledo |
Frequently asked questions
Is Chicago or Toledo cheaper to live in?
Toledo is about 12% cheaper overall. Rent is $994 a month there versus $1,983 in Chicago.
What salary do I need in Toledo to match $60,000 in Chicago?
About $52,969 a year gives the same standard of living in Toledo.
Where do people earn more, Chicago or Toledo?
The typical household earns $84,017 in Chicago and $53,627 in Toledo, 57% more in Chicago.