City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Lakewood | Toledo | Difference |
|---|---|---|---|
| Median rent | $941/mo | $854/mo | 10.2% higher in A |
| Median home value | $221,100 | $98,800 | 123.8% higher in A |
| Median household income | $63,299 | $45,405 | 39.4% higher in A |
| Groceries index | 94.4 | 94.4 | ≈ equal |
| Utilities index | 94.7 | 94.9 | ≈ equal |
| Transportation index | 98.3 | 98.3 | ≈ equal |
| Healthcare index | 99.0 | 99.0 | ≈ equal |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Lakewood, you'd need $94,998 in Toledo to maintain your standard of living.
Climate, safety, and demographics side by side.
Toledo, OH is about 5% cheaper overall than Lakewood, OH, based on our cost-of-living index. Housing costs are roughly 14% lower in Toledo than in Lakewood. If you earn $80,000 in Lakewood, you'd need about $75,998 in Toledo to keep the same standard of living.