Housing costs in Toledo?
A typical home costs
$162,500, which is 51.9% less expensive than the national average of
$338,100 and 17.5% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Toledo costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 7.7% cheaper than the state average of
$980.
Can I afford Toledo?
To live comfortably in Toledo O Metro Area, Ohio, a minimum annual income of
$30,960 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Toledo?
The cost of living in Toledo, OH Metro Area is 79.2, which is below the US average of 100. This means that Toledo offers an affordable way of life compared to many other parts of the country. The median house value in Toledo is also lower than the US average at $162,500, making it more accessible for those looking to buy or rent a home in this area. Overall, living in the Toledo metro area provides a great value for your money and a comfortable lifestyle.