Cost of Living: Toledo, OH vs Elizabeth, NJ

Housing

The housing market plays a significant role in determining the cost of living.

Metric Toledo Elizabeth
Housing Index 75.0 125.0
Median Home Price $143,000 $293,000
Average Rent (2 BR Apartment) $900 $2400
Average Rent (2 BR House) $800 $2400

Housing Comparison: Toledo vs Elizabeth

  • The median home price in Elizabeth is higher at $293,000, compared to $143,000 in Toledo.
  • Renting a two-bedroom apartment costs more in Toledo at $900 than in Elizabeth at $2,400.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Toledo Elizabeth
Electricity Price $15.92 $19.88
Natural Gas Price $Data is updating $14.01
Other Utilities $200 $250

Utilities Comparison: Toledo vs Elizabeth

  • Elizabeth has higher electricity costs at $19.88 per kWh, versus $15.92 in Toledo.
  • Natural gas price data is currently unavailable.
  • Elizabeth has higher utility expenses, averaging $250, while Toledo averages $200.