salaryToledo is 11% 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
$1,814
$994
🛏️ 2-bedroom rent
$1,623
$1,028
💵 Families earn per year
$66,816
$53,627
🔑 Buying a house
$243,100
$114,500
📊 Overall prices (U.S. = 100)
102.6
91.5
🏛️ Property tax per year
$2,003
$1,849
⚡ Electric bill per month
$112
$107
👥 People living there
1,579,706
267,463
Commute to work
31.7 min
19.8 min
College degree
35.4%
21.9%
Own their home
51.8%
53.3%
Below poverty line
21.4%
24.3%
Unemployment
8.1%
7.7%
Bottom line
- Pick Philadelphia 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 | Philadelphia | Toledo | Difference |
|---|---|---|---|
| Lawyer | $170,660 | $113,920 | -33% in Toledo |
| Dental Hygienist | $100,820 | $76,580 | -24% in Toledo |
| Firefighter | $78,050 | $60,590 | -22% in Toledo |
| Operations Manager | $121,630 | $95,120 | -22% in Toledo |
| Software Developer | $133,040 | $104,360 | -22% in Toledo |
| Market Research Analyst | $79,420 | $62,950 | -21% in Toledo |
| Registered Nurse | $101,180 | $81,050 | -20% in Toledo |
| Elementary School Teacher | $78,570 | $63,250 | -19% in Toledo |
Frequently asked questions
Is Philadelphia or Toledo cheaper to live in?
Toledo is about 11% cheaper overall. Rent is $994 a month there versus $1,814 in Philadelphia.
What salary do I need in Toledo to match $60,000 in Philadelphia?
About $53,506 a year gives the same standard of living in Toledo.
Where do people earn more, Philadelphia or Toledo?
The typical household earns $66,816 in Philadelphia and $53,627 in Toledo, 25% more in Philadelphia.