Cost of Living in Toledo, IA
Housing
The housing market plays a significant role in determining the cost of living in Toledo, IA.
- Housing Index: Data is updating
- Median Home Price is: $157,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the data for Toledo, IA, the housing index stands at 0.0, indicating potential affordability. The median home price of 157000 suggests that purchasing a property could be within reach, even though the average rent for a 2-bedroom apartment and house are both showing at 0.0, perhaps indicating vacancy issues or a lack of data. It is crucial to consider local amenities, job opportunities, and economic growth when making your decision. Remember, investing in a home is not just about price; it’s about the lifestyle and community too.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Toledo, IA.
- Electricity Price: $14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Toledo, IA could entail higher utility costs. Electricity costs sit at $14.82, while natural gas is priced at $15.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Toledo is a financially viable option for your relocation.