salaryToledo is 9% 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
$2,185
$994
🛏️ 2-bedroom rent
$1,814
$1,028
💵 Families earn per year
$103,336
$53,627
🔑 Buying a house
$463,600
$114,500
📊 Overall prices (U.S. = 100)
100.7
91.5
🏛️ Property tax per year
$2,160
$1,849
⚡ Electric bill per month
$204
$107
👥 People living there
196,906
267,463
Commute to work
28.2 min
19.8 min
College degree
36.3%
21.9%
Own their home
76%
53.3%
Below poverty line
8.4%
24.3%
Unemployment
4%
7.7%
Bottom line
- Pick Peoria 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 Peoria or Toledo cheaper to live in?
Toledo is about 9% cheaper overall. Rent is $994 a month there versus $2,185 in Peoria.
What salary do I need in Toledo to match $60,000 in Peoria?
About $54,504 a year gives the same standard of living in Toledo.
Where do people earn more, Peoria or Toledo?
The typical household earns $103,336 in Peoria and $53,627 in Toledo, 93% more in Peoria.