Cost of Living: Troy, OH vs Toledo, OH
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,356/mo in Troy, OH versus $4,356/mo in Toledo, OH. In the model, rent is about 13.61% of gross in Troy, OH versus 12.82% in Toledo, OH, so Toledo, OH tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Troy, OH and Toledo, OH.
At a glance
- Cheaper overall (lower cost-of-living index): Toledo, OH
- Lower rent (median 1BR/2BR): Toledo, OH
- Lower home prices: Toledo, OH
- Higher median household income: Troy, OH
Cost of Living Index
Troy, OH: 100 (U.S. = 100) · Toledo, OH: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Troy, OH: $888/mo (midpoint of 1BR/2BR) · Toledo, OH: $836/mo
Median rent in Troy, OH is $52/mo higher than in Toledo, OH.
Median Home Price
Troy, OH: $199,400 · Toledo, OH: $107,000
Median home price in Troy, OH is $92,400 higher than in Toledo, OH.
Median Household Income
Troy, OH: $70,450 · Toledo, OH: $47,532
Troy, OH has a higher median household income than Toledo, OH by $22,918.
Troy, OH overview · Toledo, OH overview · Popular comparisons