Cost of Living: Anchorage, AK vs Toledo, OH (2026)

Anchorage

Alaska
113
VS

Toledo

Ohio
52

Anchorage is 117% more expensive than Toledo.

$1,453/mo ↑ 65%
Median Rent
$880/mo ↓ 39%
$98,152/yr ↑ 106%
Median Income
$47,532/yr ↓ 52%
$375,900 ↑ 251%
Home Value
$107,000 ↓ 72%
$1,698/mo ↑ 98%
Owner Costs
$856/mo ↓ 50%
289,069
Population
268,461

Tax Comparison

0%
Income Tax
3.5%
0%
State Sales Tax
5.75%
1.04%
Property Tax
1.53%

Affordability

17.8%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Anchorage, AK and Toledo, OH, the overall cost of living indices are 113 and 52 respectively (national median = 100). Rent is $573/month cheaper in Toledo, saving renters about $6,876/year.

Median household income is $50,620/year higher in Anchorage. Home values also differ significantly — the median in Anchorage is $375,900 compared to $107,000 in Toledo.

Alaska has no state income tax, giving Anchorage residents a significant tax advantage over Ohio's 3.5% rate.

Frequently Asked Questions

Anchorage vs Toledo — common questions

Is Anchorage or Toledo cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 113 (US average = 100).
What is the rent difference between Anchorage and Toledo?
Median rent in Anchorage is $1,453/month and in Toledo it's $880/month — a difference of $573/month.
Which city has higher income, Anchorage or Toledo?
Median household income is $98,152 in Anchorage and $47,532 in Toledo. Median household income is $50,620/year higher in Anchorage.
How do taxes compare between Alaska and Ohio?
Alaska has 0% income tax, 0% sales tax, and 1.04% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Anchorage or Toledo?
It depends on your priorities. Anchorage has a cost index of 113 with median rent of $1,453/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 Anchorage details → View Toledo details →

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