salaryToledo is 7% 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
$1,822
$994
🛏️ 2-bedroom rent
$1,658
$1,028
💵 Families earn per year
$92,099
$53,627
🔑 Buying a house
$415,800
$114,500
📊 Overall prices (U.S. = 100)
98.2
91.5
🏛️ Property tax per year
$3,048
$1,849
⚡ Electric bill per month
$133
$107
👥 People living there
481,031
267,463
Commute to work
23 min
19.8 min
College degree
54%
21.9%
Own their home
50.7%
53.3%
Below poverty line
11.9%
24.3%
Unemployment
4.4%
7.7%
Bottom line
- Pick Raleigh 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 | Raleigh | Toledo | Difference |
|---|---|---|---|
| Firefighter | $45,640 | $60,590 | +33% in Toledo |
| Electrician | $56,800 | $74,710 | +32% in Toledo |
| Dental Hygienist | $98,800 | $76,580 | -22% in Toledo |
| Software Developer | $132,770 | $104,360 | -21% in Toledo |
| Market Research Analyst | $78,980 | $62,950 | -20% in Toledo |
| Carpenter | $50,820 | $61,070 | +20% in Toledo |
| Operations Manager | $114,940 | $95,120 | -17% in Toledo |
| Truck Driver | $52,110 | $60,410 | +16% in Toledo |
Frequently asked questions
Is Raleigh or Toledo cheaper to live in?
Toledo is about 7% cheaper overall. Rent is $994 a month there versus $1,822 in Raleigh.
What salary do I need in Toledo to match $60,000 in Raleigh?
About $55,903 a year gives the same standard of living in Toledo.
Where do people earn more, Raleigh or Toledo?
The typical household earns $92,099 in Raleigh and $53,627 in Toledo, 72% more in Raleigh.