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
$1,993
$994
🛏️ 2-bedroom rent
$1,977
$1,028
💵 Families earn per year
$133,966
$53,627
🔑 Buying a house
$471,800
$114,500
📊 Overall prices (U.S. = 100)
97.1
91.5
🏛️ Property tax per year
$7,791
$1,849
⚡ Electric bill per month
$182
$107
👥 People living there
210,600
267,463
Commute to work
27.8 min
19.8 min
College degree
54.1%
21.9%
Own their home
63.8%
53.3%
Below poverty line
5.7%
24.3%
Unemployment
3.7%
7.7%
Bottom line
- Pick McKinney 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.
Frequently asked questions
Is McKinney or Toledo cheaper to live in?
Toledo is about 6% cheaper overall. Rent is $994 a month there versus $1,993 in McKinney.
What salary do I need in Toledo to match $60,000 in McKinney?
About $56,537 a year gives the same standard of living in Toledo.
Where do people earn more, McKinney or Toledo?
The typical household earns $133,966 in McKinney and $53,627 in Toledo, 150% more in McKinney.