What Are the Everyday Living Costs in Toledo, OH in 2024?
The average monthly cost of living in Toledo, OH is $3,099, which is 31% lower than the U.S. average ($4,521). The average monthly cost of rent is $1,044, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,055 per month.
Toledo, OH is ranked 3rd out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of the cheapest cities in which to live in the U.S.
Cost of Living (for Renters / Monthly)
Rent
$1,044
Utilities
$389
Transportation
$110
Groceries
$618
Other
$939
Total
$3,100
What Are the Everyday Living Costs in Toledo, OH in 2024?
The average monthly cost of living in Toledo, OH for singles is $2,042, which is 31% lower than the U.S. average ($2,956). The average monthly cost of rent for singles is $651, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $1,391 per month.
Toledo, OH is ranked 1st out of the 333 most populated cities in the U.S. for having the lowest cost of living for singles. Therefore, it is considered as one of the cheapest cities for singles in which to live in the U.S.
Cost of Living (for Single Renters / Monthly)
Rent
$651
Utilities
$224
Transportation
$58
Groceries
$282
Other
$827
Total
$2,042
What Are the Everyday Living Costs in Toledo, OH in 2024?
The average monthly cost of living in Toledo, OH for couples is $3,024, which is 33% lower than the U.S. average ($4,519). The average monthly cost of rent for couples is $1,026, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $1,998 per month.
Toledo, OH is ranked 1st out of the 333 most populated cities in the U.S. for having the lowest cost of living for couples. Therefore, it is considered as one of the cheapest cities for couples in which to live in the U.S.
Cost of Living (for Couple Renters / Monthly)
Rent
$1,026
Utilities
$383
Transportation
$116
Groceries
$564
Other
$936
Total
$3,025
What Are the Everyday Living Costs in Toledo, OH in 2024?
The average monthly cost of living in Toledo, OH for single parents is $3,009, which is 28% lower than the U.S. average ($4,172). The average monthly cost of rent for single parents is $1,026, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $1,984 per month.
Toledo, OH is ranked 5th out of the 333 most populated cities in the U.S. for having the lowest cost of living for single parents. Therefore, it is considered as one of the cheapest cities for single parents in which to live in the U.S.
Cost of Living (for Single Parent Renters / Monthly)
Rent
$1,026
Utilities
$375
Transportation
$93
Groceries
$581
Other
$934
Total
$3,009
What Are the Everyday Living Costs in Toledo, OH in 2024?
The average monthly cost of living in Toledo, OH for families is $4,323, which is 32% lower than the U.S. average ($6,392). The average monthly cost of rent for families is $1,474, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,848 per month.
Toledo, OH is ranked 10th out of the 333 most populated cities in the U.S. for having the lowest cost of living for families. Therefore, it is considered as one of the cheapest cities for families in which to live in the U.S.
Cost of Living (for Family Renters / Monthly)
Rent
$1,474
Utilities
$574
Transportation
$172
Groceries
$1,043
Other
$1,059
Total
$4,322
What Salary Do You Need to Live Comfortably in Toledo, OH in 2024?
Overall, on average, a gross annual salary of $48,459 is required for an average quality of life in Toledo, OH.
Is the Cost of Living High in Toledo, OH?
Toledo, OH is ranked 3rd out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheapest cities in which to live in the U.S. Toledo, OH's average monthly rent is 51% lower than the U.S. average cost of rent.
Is $50,000 a Good Salary in Toledo, OH in 2024?
A gross annual salary of $50,000 in Toledo, OH will yield an average annual net salary of $45,164. Considering that the total average annual cost of living in Toledo, OH is $37,192, a gross annual salary of $50,000 will be sufficient to cover average living costs.
How Much Should You Pay for Rent in Toledo, OH?
The average monthly rent in Toledo, OH in the city center is $907 for a 1 bedroom apartment, $1,204 for a 2 bedroom apartment and $1,509 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $709 for a 1 bedroom apartment, $907 for a 2 bedroom apartment and $1,206 for a 3 bedroom apartment.