Toledo 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
$1,988
$994
🛏️ 2-bedroom rent
$1,761
$1,028
💵 Families earn per year
$86,162
$53,627
🔑 Buying a house
$442,700
$114,500
📊 Overall prices (U.S. = 100)
104.1
91.5
🏛️ Property tax per year
$2,835
$1,849
⚡ Electric bill per month
$166
$107
👥 People living there
219,215
267,463
Commute to work
30.2 min
19.8 min
College degree
21.2%
21.9%
Own their home
58.9%
53.3%
Below poverty line
13.3%
24.3%
Unemployment
7.2%
7.7%
Bottom line
- Pick Modesto for higher incomes, less poverty, lower unemployment.
- Pick Toledo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Modesto | Toledo | Difference |
|---|---|---|---|
| Registered Nurse | $132,590 | $81,050 | -39% in Toledo |
| Dental Hygienist | $123,910 | $76,580 | -38% in Toledo |
| Elementary School Teacher | $101,640 | $63,250 | -38% in Toledo |
| Lawyer | $164,010 | $113,920 | -31% in Toledo |
| Nurse Practitioner | $173,380 | $121,780 | -30% in Toledo |
| Police Officer | $98,230 | $73,650 | -25% in Toledo |
| Firefighter | $77,370 | $60,590 | -22% in Toledo |
| Physician Assistant | $165,730 | $131,730 | -21% in Toledo |
Frequently asked questions
Is Modesto or Toledo cheaper to live in?
Toledo is about 12% cheaper overall. Rent is $994 a month there versus $1,988 in Modesto.
What salary do I need in Toledo to match $60,000 in Modesto?
About $52,708 a year gives the same standard of living in Toledo.
Where do people earn more, Modesto or Toledo?
The typical household earns $86,162 in Modesto and $53,627 in Toledo, 61% more in Modesto.