salaryAbout the sameBased 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
$1,304
$994
🛏️ 2-bedroom rent
$1,085
$1,028
💵 Families earn per year
$61,271
$53,627
🔑 Buying a house
$161,900
$114,500
📊 Overall prices (U.S. = 100)
89.7
91.5
🏛️ Property tax per year
$643
$1,849
⚡ Electric bill per month
$185
$107
👥 People living there
197,494
267,463
Commute to work
20.7 min
19.8 min
College degree
33.8%
21.9%
Own their home
54.4%
53.3%
Below poverty line
21.5%
24.3%
Unemployment
6.4%
7.7%
Bottom line
- Pick Montgomery 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.
Pay for the same job
| Job | Montgomery | Toledo | Difference |
|---|---|---|---|
| Police Officer | $48,490 | $73,650 | +52% in Toledo |
| Electrician | $49,910 | $74,710 | +50% in Toledo |
| Server (Waiter/Waitress) | $26,360 | $36,140 | +37% in Toledo |
| Physician Assistant | $102,040 | $131,730 | +29% in Toledo |
| Carpenter | $47,360 | $61,070 | +29% in Toledo |
| HVAC Technician | $48,680 | $62,460 | +28% in Toledo |
| Dental Hygienist | $60,120 | $76,580 | +27% in Toledo |
| Firefighter | $48,780 | $60,590 | +24% in Toledo |
Frequently asked questions
Is Montgomery or Toledo cheaper to live in?
Montgomery and Toledo cost about the same once rent and everyday costs are combined.
What salary do I need in Toledo to match $60,000 in Montgomery?
About $61,186 a year gives the same standard of living in Toledo.
Where do people earn more, Montgomery or Toledo?
The typical household earns $61,271 in Montgomery and $53,627 in Toledo, 14% more in Montgomery.