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
$2,010
$994
🛏️ 2-bedroom rent
$2,058
$1,028
💵 Families earn per year
$121,065
$53,627
🔑 Buying a house
$465,900
$114,500
📊 Overall prices (U.S. = 100)
103.1
91.5
🏛️ Property tax per year
$6,700
$1,849
⚡ Electric bill per month
$176
$107
👥 People living there
290,594
267,463
Commute to work
25.4 min
19.8 min
College degree
60.5%
21.9%
Own their home
56.9%
53.3%
Below poverty line
6.8%
24.3%
Unemployment
4%
7.7%
Bottom line
- Pick Plano 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 | Plano | Toledo | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $24,160 | $36,140 | +50% in Toledo |
| Lawyer | $168,510 | $113,920 | -32% in Toledo |
| Electrician | $59,010 | $74,710 | +27% in Toledo |
| Carpenter | $48,740 | $61,070 | +25% in Toledo |
| Computer Systems Analyst | $122,520 | $91,950 | -25% in Toledo |
| Dental Hygienist | $101,870 | $76,580 | -25% in Toledo |
| Software Developer | $133,290 | $104,360 | -22% in Toledo |
| Police Officer | $92,910 | $73,650 | -21% in Toledo |
Frequently asked questions
Is Plano or Toledo cheaper to live in?
Toledo is about 11% cheaper overall. Rent is $994 a month there versus $2,010 in Plano.
What salary do I need in Toledo to match $60,000 in Plano?
About $53,228 a year gives the same standard of living in Toledo.
Where do people earn more, Plano or Toledo?
The typical household earns $121,065 in Plano and $53,627 in Toledo, 126% more in Plano.