Cost of Living in Toronto, OH

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

74.6

100 = national avg

-25.4 vs national average

Living Wage (1 Adult)

$32,822

per year

Living Wage (Family of 4)

$77,578

per year

Cost Index by Category

Housing
64.8
Food
86.1
Transportation
72.2
Healthcare
88.9
Utilities
84.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$757

per month

2 Bedroom

$973

per month

The overall cost of living index in Toronto is 74.6, which is 25.4% below the national average. Housing costs are below the national average at an index of 64.8. A single adult needs to earn approximately $32,822 per year to cover basic expenses.