salaryToledo is 10% 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
$1,964
$994
🛏️ 2-bedroom rent
$1,603
$1,028
💵 Families earn per year
$73,466
$53,627
🔑 Buying a house
$362,200
$114,500
📊 Overall prices (U.S. = 100)
101.8
91.5
🏛️ Property tax per year
$4,418
$1,849
⚡ Electric bill per month
$126
$107
👥 People living there
191,767
267,463
Commute to work
25 min
19.8 min
College degree
34.6%
21.9%
Own their home
41.4%
53.3%
Below poverty line
20.7%
24.3%
Unemployment
8.2%
7.7%
Bottom line
- Pick Providence 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 | Providence | Toledo | Difference |
|---|---|---|---|
| Computer Systems Analyst | $128,580 | $91,950 | -28% in Toledo |
| Elementary School Teacher | $86,720 | $63,250 | -27% in Toledo |
| Market Research Analyst | $83,960 | $62,950 | -25% in Toledo |
| Licensed Practical Nurse | $78,990 | $62,280 | -21% in Toledo |
| Software Developer | $130,690 | $104,360 | -20% in Toledo |
| Registered Nurse | $99,880 | $81,050 | -19% in Toledo |
| Accountant | $95,020 | $77,400 | -19% in Toledo |
| Plumber | $79,820 | $66,920 | -16% in Toledo |
Frequently asked questions
Is Providence or Toledo cheaper to live in?
Toledo is about 10% cheaper overall. Rent is $994 a month there versus $1,964 in Providence.
What salary do I need in Toledo to match $60,000 in Providence?
About $53,917 a year gives the same standard of living in Toledo.
Where do people earn more, Providence or Toledo?
The typical household earns $73,466 in Providence and $53,627 in Toledo, 37% more in Providence.