Cost of Living: Toledo, OH vs Charlotte, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Toledo | Charlotte |
|---|---|---|
| Housing Index | 75.0 | 110.0 |
| Median Home Price | $143,000 | $364,000 |
| Average Rent (2 BR Apartment) | $900 | $1600 |
| Average Rent (2 BR House) | $800 | $1640 |
Housing Comparison: Toledo vs Charlotte
- The median home price in Charlotte is higher at $364,000, compared to $143,000 in Toledo.
- Renting a two-bedroom apartment costs more in Toledo at $900 than in Charlotte at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Toledo | Charlotte |
|---|---|---|
| Electricity Price | $15.92 | $13.72 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Toledo vs Charlotte
- Electricity costs are higher in Toledo at $15.92 per kWh, compared to $13.72 in Charlotte.
- Natural gas price data is currently unavailable.
- Charlotte has higher utility expenses, averaging $250, while Toledo averages $200.