Cost of Living in Toledo, OH
Housing
The housing market plays a significant role in determining the cost of living in Toledo, OH.
- Housing Index: 75.0 / 100
- Median Home Price is: $143000
- Average Rent (2 BR Apartment): $900 per month
- Average Rent (2 BR House): $800 per month
Considering a move to Toledo, OH? The housing index of 75.0 indicates a relatively affordable market. With a median home price of 143000, many buyers may find excellent value. Rental options average 900 for a 2-bedroom apartment and 800 for a 2-bedroom house, making it appealing for renters as well. Cost of living should also be factored in for a complete picture. The low housing index suggests a buyer's market, so this might be an opportune time to make a move!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Toledo, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Toledo, OH could entail higher utility costs. Electricity costs sit at $15.92, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 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.