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Lucas County · Ohio

Toledo cost of living (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.

Cash, receipts and a calculator on a table, illustrating local cost of living data

Quick answer

Toledo costs 8.5% below the national average — all-items price level 91.5, rank 84 of 94 covered metros. A $100,000 national-average salary needs to be $91,455 here. Housing is the reason, at 67.3.

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.

$47,723 median household income in Toledo is worth $52,182 in national-average dollars. BEA calls that real income: income × 100 ÷ 91.5.

Run your own salary through the comparison tool →

Other Toledo datasets on this site.

Statewide: Ohio cities · Ohio ZIP codes · Ohio sales tax · Ohio counties

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.