Toledo is 21% 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
$2,511
$994
🛏️ 2-bedroom rent
$2,352
$1,028
💵 Families earn per year
$109,576
$53,627
🔑 Buying a house
$929,900
$114,500
📊 Overall prices (U.S. = 100)
115.6
91.5
🏛️ Property tax per year
$8,575
$1,849
⚡ Electric bill per month
$127
$107
👥 People living there
439,418
267,463
Commute to work
29.8 min
19.8 min
College degree
48.7%
21.9%
Own their home
42.3%
53.3%
Below poverty line
13.4%
24.3%
Unemployment
6.4%
7.7%
Bottom line
- Pick Oakland 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 | Oakland | Toledo | Difference |
|---|---|---|---|
| Registered Nurse | $186,610 | $81,050 | -57% in Toledo |
| Market Research Analyst | $123,250 | $62,950 | -49% in Toledo |
| Dental Hygienist | $146,760 | $76,580 | -48% in Toledo |
| Firefighter | $113,700 | $60,590 | -47% in Toledo |
| Lawyer | $212,500 | $113,920 | -46% in Toledo |
| Nurse Practitioner | $219,080 | $121,780 | -44% in Toledo |
| Police Officer | $132,000 | $73,650 | -44% in Toledo |
| Software Developer | $186,640 | $104,360 | -44% in Toledo |
Frequently asked questions
Is Oakland or Toledo cheaper to live in?
Toledo is about 21% cheaper overall. Rent is $994 a month there versus $2,511 in Oakland.
What salary do I need in Toledo to match $60,000 in Oakland?
About $47,463 a year gives the same standard of living in Toledo.
Where do people earn more, Oakland or Toledo?
The typical household earns $109,576 in Oakland and $53,627 in Toledo, 104% more in Oakland.