salaryToledo is 4% 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
$1,751
$994
🛏️ 2-bedroom rent
$1,396
$1,028
💵 Families earn per year
$74,533
$53,627
🔑 Buying a house
$244,500
$114,500
📊 Overall prices (U.S. = 100)
95.5
91.5
🏛️ Property tax per year
$2,493
$1,849
⚡ Electric bill per month
$100
$107
👥 People living there
198,535
267,463
Commute to work
19 min
19.8 min
College degree
41.6%
21.9%
Own their home
54%
53.3%
Below poverty line
16.9%
24.3%
Unemployment
5.2%
7.7%
Bottom line
- Pick Grand Rapids for higher incomes, shorter commutes, a more educated workforce and 2 more.
- Pick Toledo for lower rent, cheaper 2-bedroom apartments, cheaper homes.
Pay for the same job
| Job | Grand Rapids | Toledo | Difference |
|---|---|---|---|
| Electrician | $62,240 | $74,710 | +20% in Toledo |
| Warehouse Worker | $36,130 | $42,640 | +18% in Toledo |
| Plumber | $80,440 | $66,920 | -17% in Toledo |
| Server (Waiter/Waitress) | $42,930 | $36,140 | -16% in Toledo |
| Lawyer | $129,360 | $113,920 | -12% in Toledo |
| Retail Salesperson | $34,800 | $30,780 | -12% in Toledo |
| Medical Assistant | $39,890 | $44,120 | +11% in Toledo |
| Dental Hygienist | $84,290 | $76,580 | -9% in Toledo |
Frequently asked questions
Is Grand Rapids or Toledo cheaper to live in?
Toledo is about 4% cheaper overall. Rent is $994 a month there versus $1,751 in Grand Rapids.
What salary do I need in Toledo to match $60,000 in Grand Rapids?
About $57,431 a year gives the same standard of living in Toledo.
Where do people earn more, Grand Rapids or Toledo?
The typical household earns $74,533 in Grand Rapids and $53,627 in Toledo, 39% more in Grand Rapids.