salaryToledo is 19% 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
$2,806
$994
🛏️ 2-bedroom rent
$2,016
$1,028
💵 Families earn per year
$86,801
$53,627
🔑 Buying a house
$777,600
$114,500
📊 Overall prices (U.S. = 100)
112.6
91.5
🏛️ Property tax per year
$6,547
$1,849
⚡ Electric bill per month
$132
$107
👥 People living there
8,483,844
267,463
Commute to work
40.3 min
19.8 min
College degree
41.6%
21.9%
Own their home
32.8%
53.3%
Below poverty line
17.9%
24.3%
Unemployment
8%
7.7%
Bottom line
- Pick New York for higher incomes, a more educated workforce, less poverty.
- Pick Toledo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | New York | Toledo | Difference |
|---|---|---|---|
| Lawyer | $208,880 | $113,920 | -45% in Toledo |
| Firefighter | $106,420 | $60,590 | -43% in Toledo |
| Operations Manager | $157,000 | $95,120 | -39% in Toledo |
| Software Developer | $166,830 | $104,360 | -37% in Toledo |
| Market Research Analyst | $100,520 | $62,950 | -37% in Toledo |
| Elementary School Teacher | $96,900 | $63,250 | -35% in Toledo |
| Registered Nurse | $119,720 | $81,050 | -32% in Toledo |
| Police Officer | $105,540 | $73,650 | -30% in Toledo |
Frequently asked questions
Is New York or Toledo cheaper to live in?
Toledo is about 19% cheaper overall. Rent is $994 a month there versus $2,806 in New York.
What salary do I need in Toledo to match $60,000 in New York?
About $48,749 a year gives the same standard of living in Toledo.
Where do people earn more, New York or Toledo?
The typical household earns $86,801 in New York and $53,627 in Toledo, 62% more in New York.