Cost of Living in Toledo, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.5
100 = national avg
-18.5 vs national average
Living Wage (1 Adult)
$35,838
per year
Living Wage (Family of 4)
$84,708
per year
Cost Index by Category
Housing82.7
Food86.3
Transportation72.7
Healthcare89.1
Utilities88.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$820
per month
2 Bedroom
$1,076
per month
The overall cost of living index in Toledo is 81.5, which is 18.5% below the national average. Housing costs are below the national average at an index of 82.7. A single adult needs to earn approximately $35,838 per year to cover basic expenses.