Cost of Living in Toledo, OH
| Cost of Living in Toledo, OH | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 13% higher | 7% lower |
| Utilities (Monthly) | 4% higher | 0% |
| Food | 1% higher | 0% |
| Healthcare | 12% higher | 9% higher |
| Transportation | 2% lower | 6% lower |
| Goods & Services | 5% higher | 0% |
The cost of living in Toledo, OH is 6% higher than the state average and 2% lower than the national average. Toledo, OH housing is 7% cheaper than the U.S average, while utilities are about 0% . When it comes to basic necessities such as food and clothing, groceries are around 0% in Toledo, OH than in the rest of the country, while clothing costs around 0% .
Healthcare services such as doctor check-ups and dentistry cost 9% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 0% in Toledo, OH.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Toledo is $971, while home prices circle around $489,443.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Toledo, energy bills cost around $213.25 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.70 in Toledo, a dozen eggs go for around $4.11 and a pound of potatoes circles around $4.62.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Toledo, an optometry check-up costs around $177.65, while a dentist appointment is priced $129.04 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.23 in Toledo, while getting your tires balanced will run you about $53.14.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $38.36 here. Meanwhile, a pair of women's slacks will set you back around $38.29.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Toledo, you should budget around $11.77 a month. When it comes to personal services, a haircut usually goes for $24.86, while dry cleaning costs about $16.78.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Toledo, the median household income is $47,532.