Toledo is 9% 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
$1,347
$994
🛏️ 2-bedroom rent
$1,153
$1,028
💵 Families earn per year
$43,073
$53,627
🔑 Buying a house
$83,900
$114,500
📊 Overall prices (U.S. = 100)
100.3
91.5
🏛️ Property tax per year
$1,402
$1,849
⚡ Electric bill per month
$196
$107
👥 People living there
638,530
267,463
Commute to work
24.8 min
19.8 min
College degree
18.1%
21.9%
Own their home
50.3%
53.3%
Below poverty line
32.7%
24.3%
Unemployment
14%
7.7%
Bottom line
- Pick Detroit for cheaper homes.
- Pick Toledo for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
Pay for the same job
| Job | Detroit | Toledo | Difference |
|---|---|---|---|
| Plumber | $86,370 | $66,920 | -23% in Toledo |
| Software Developer | $130,760 | $104,360 | -20% in Toledo |
| Market Research Analyst | $77,100 | $62,950 | -18% in Toledo |
| Registered Nurse | $97,280 | $81,050 | -17% in Toledo |
| Lawyer | $134,980 | $113,920 | -16% in Toledo |
| Retail Salesperson | $35,130 | $30,780 | -12% in Toledo |
| Medical Assistant | $39,410 | $44,120 | +12% in Toledo |
| Computer Systems Analyst | $103,670 | $91,950 | -11% in Toledo |
Frequently asked questions
Is Detroit or Toledo cheaper to live in?
Toledo is about 9% cheaper overall. Rent is $994 a month there versus $1,347 in Detroit.
What salary do I need in Toledo to match $60,000 in Detroit?
About $54,710 a year gives the same standard of living in Toledo.
Where do people earn more, Detroit or Toledo?
The typical household earns $43,073 in Detroit and $53,627 in Toledo, 20% more in Toledo.