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Wood County · Ohio · Midwest · 267k residents

Toledo, OH: cost of living, taxes & quality of life

Residential facts for Toledo: housing, taxes, monthly costs, climate, schools, and household income, with the Ohio median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: ACS place data; supplementary fields may use state estimates.

The acs median home value in Toledo is $114,500, 44% below the Ohio median. A two-bedroom rents for about $930/mo. Day-to-day costs index at 74 against a national baseline of 100. The median household here earns $49,724 a year.

What the numbers show

Source-confirmed findings
  • Housing value: The ACS median home value in Toledo is $114,500, 43.8% below the median for ACS-covered places in Ohio.
  • Household income: Median household income is $49,724, 30.3% below the median for ACS-covered places in Ohio.
  • Adult education: 21.9% of adults have a bachelor's degree or higher, 28.4% below the median for ACS-covered places in Ohio.
  • Home value to income: The ACS median home value is about 2.3 times median household income. This is a comparison measure, not a mortgage qualification or affordability promise.

Source: U.S. Census Bureau, 2024 American Community Survey 5-year estimates(2024 ACS 5-year; tables B01003, B15003, B19013, B25077). Geography: Census place where available. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

WhereToHQ calculates the comparisons. Figures are estimates for context, not a guarantee or personal financial advice. Read the methodology or send a correction.

What makes this place distinctive

A factual snapshot of the place, based on the profile data. It is not a tourism or cultural claim.

A Great Lakes port city with glassmaking history, a respected art museum, and a working waterfront.

Known for: Glass art, the Toledo Museum of Art, Lake Erie, industry, and Mud Hens baseball.

Calendar note: The Toledo Jeep Fest and German-American Festival are major local traditions.

Story source: Destination Toledo

  • Scale: A large city with a quarter-million or more residents in the profile data.
  • Setting: The profile places Toledo about 5 miles from the nearest tracked lake.
  • Climate signal: The profile records 175 sunny days.
  • Daily pace: The profile records a walk score of 42 and an average commute of 24 minutes.

WhereToHQ derives these signals from the committed city dataset. Read the methodology for coverage and source limits.

Compare Toledo side by side

Cost of living index

74

cheaper than 98% of US cities

ACS median home value

$114,500

44% vs state mediancheaper than 98% of US cities

2-bedroom rent

$930/mo

cheaper than 92% of US cities

Median household income

$49,724

30% vs state medianhigher than 7% of US cities

Housing momentum

How fast Toledo's housing market is moving, ranked against the US cities we track.

78/100

Heating

Home prices YoY: +5.1% (top 11%)Rents YoY: +4.1% (top 28%)Home prices MoM: 0.0% (top 33%)
Momentum slowing · 7 over 2 yr

Ranks Toledo's home-price and rent growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. Not investment or relocation advice.

$a year

Adjusted by Toledo's cost-of-living index versus the US average.

All facets · Toledo
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Real listings in Toledo

Homes on ZillowRealtor.comRentals on ZillowApartments.com

Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.

Questions & answers
What is the cost of living in Toledo, OH?
Toledo indexes at 74 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $930/mo and a acs median home value of $114,500.
How much does a house cost in Toledo?
The acs median home value in Toledo is $114,500, 44% below the Ohio median (Census ACS estimate; individual listings vary).
How much is rent in Toledo?
A two-bedroom in Toledo rents for about $930/mo.