Cost of Living: Albuquerque, NM vs Toledo, OH (2026)

Albuquerque

New Mexico
80
VS

Toledo

Ohio
52

Albuquerque is 28% more expensive than Toledo.

$1,085/mo ↑ 23%
Median Rent
$880/mo ↓ 19%
$65,604/yr ↑ 38%
Median Income
$47,532/yr ↓ 28%
$266,700 ↑ 149%
Home Value
$107,000 ↓ 60%
$1,149/mo ↑ 34%
Owner Costs
$856/mo ↓ 26%
562,488
Population
268,461

Tax Comparison

5.9%
Income Tax
3.5%
5.0%
Sales Tax
5.75%
0.67%
Property Tax
1.53%

Affordability

19.8%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Albuquerque, NM and Toledo, OH, the overall cost of living indices are 80 and 52 respectively (national median = 100). Rent is $205/month cheaper in Toledo, saving renters about $2,460/year.

Median household income is $18,072/year higher in Albuquerque. Home values also differ significantly — the median in Albuquerque is $266,700 compared to $107,000 in Toledo.

Ohio has a lower income tax rate, making Toledo slightly more tax-friendly.

Frequently Asked Questions

Albuquerque vs Toledo — common questions

Is Albuquerque or Toledo cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 80 (US average = 100).
What is the rent difference between Albuquerque and Toledo?
Median rent in Albuquerque is $1,085/month and in Toledo it's $880/month — a difference of $205/month.
Which city has higher income, Albuquerque or Toledo?
Median household income is $65,604 in Albuquerque and $47,532 in Toledo. Median household income is $18,072/year higher in Albuquerque.
How do taxes compare between New Mexico and Ohio?
New Mexico has 5.9% income tax, 5.0% sales tax, and 0.67% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Albuquerque or Toledo?
It depends on your priorities. Albuquerque has a cost index of 80 with median rent of $1,085/mo, while Toledo has a cost index of 52 with rent of $880/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Albuquerque details → View Toledo details →