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Lucas County · Ohio

Cost of living in Toledo, OH

Price levels published by the Bureau of Economic Analysis for Toledo, OH, with the national average set to 100 — so 108 means things cost 8% more here than the US average.

Quick answer

Living in Toledo, OH costs 8.5% below the national average — an all-items price level of 91.5. To match the buying power of a $100,000 national-average salary you would need about $91,455 here.

All items
91.5US average = 100
Housing
67.332.7% below the national average
Goods
93.66.4% below the national average
Other services
98.91.1% below the national average

Price level by component

Where the difference actually comes from.

ComponentIndexvs USWhat it covers
Goods93.6-6.4%Groceries, fuel, clothing, durable purchases.
Housing67.3-32.7%Rents and imputed rents — the biggest single swing factor.
Utilities96.3-3.7%Electricity, gas, water and other household energy.
Other services98.9-1.1%Healthcare, dining, repairs, personal services.

What your salary is worth in Toledo, OH

Enter a salary. We deflate it by the local price level (91.5 where 100 is the US average) and show what you would need to earn here to match the same pay somewhere average.

Real value here
$52,182
Needed to match US average
$43,645
Monthly difference
$-340

What a local paycheck is really worth

Nominal pay is only half the story.

The median household in Toledo earns $47,723. Deflated by the local price level, that is $52,182 in national-average dollars — the BEA calls this real income, and it is simply income × 100 ÷ 91.5.

Run your own salary through the comparison tool →

Same city, other datasets.

Source: US Bureau of Economic Analysis, Regional Price Parities

2024 BEA Regional Price Parities, published for Toledo, OH. Parities are metro-wide, so a single neighbourhood can sit well above or below these figures.