Toledo 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
$1,953
$994
🛏️ 2-bedroom rent
$1,899
$1,028
💵 Families earn per year
$85,917
$53,627
🔑 Buying a house
$455,400
$114,500
📊 Overall prices (U.S. = 100)
103.3
91.5
🏛️ Property tax per year
$2,175
$1,849
⚡ Electric bill per month
$146
$107
👥 People living there
188,065
267,463
Commute to work
20.9 min
19.8 min
College degree
50%
21.9%
Own their home
42.3%
53.3%
Below poverty line
15.8%
24.3%
Unemployment
5.5%
7.7%
Bottom line
- Pick Tempe 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 | Tempe | Toledo | Difference |
|---|---|---|---|
| Dental Hygienist | $102,520 | $76,580 | -25% in Toledo |
| Server (Waiter/Waitress) | $47,530 | $36,140 | -24% in Toledo |
| Electrician | $61,210 | $74,710 | +22% in Toledo |
| Software Developer | $131,750 | $104,360 | -21% in Toledo |
| Licensed Practical Nurse | $78,080 | $62,280 | -20% in Toledo |
| Registered Nurse | $100,830 | $81,050 | -20% in Toledo |
| Cashier | $34,920 | $29,270 | -16% in Toledo |
| Lawyer | $135,670 | $113,920 | -16% in Toledo |
Frequently asked questions
Is Tempe or Toledo cheaper to live in?
Toledo is about 11% cheaper overall. Rent is $994 a month there versus $1,953 in Tempe.
What salary do I need in Toledo to match $60,000 in Tempe?
About $53,112 a year gives the same standard of living in Toledo.
Where do people earn more, Tempe or Toledo?
The typical household earns $85,917 in Tempe and $53,627 in Toledo, 60% more in Tempe.