Cost of Living: Colorado Springs, CO vs Toledo, OH (2026)

Colorado Springs

Colorado
119
VS

Toledo

Ohio
52

Colorado Springs is 129% more expensive than Toledo.

$1,562/mo ↑ 78%
Median Rent
$880/mo ↓ 44%
$83,198/yr ↑ 75%
Median Income
$47,532/yr ↓ 43%
$420,700 ↑ 293%
Home Value
$107,000 ↓ 75%
$1,592/mo ↑ 86%
Owner Costs
$856/mo ↓ 46%
483,099
Population
268,461

Tax Comparison

4.4%
Income Tax
3.5%
2.9%
State Sales Tax
5.75%
0.51%
Property Tax
1.53%

Affordability

22.5%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Toledo, OH, the overall cost of living indices are 119 and 52 respectively (national median = 100). Rent is $682/month cheaper in Toledo, saving renters about $8,184/year.

Median household income is $35,666/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $107,000 in Toledo.

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

Frequently Asked Questions

Colorado Springs vs Toledo — common questions

Is Colorado Springs or Toledo cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Toledo?
Median rent in Colorado Springs is $1,562/month and in Toledo it's $880/month — a difference of $682/month.
Which city has higher income, Colorado Springs or Toledo?
Median household income is $83,198 in Colorado Springs and $47,532 in Toledo. Median household income is $35,666/year higher in Colorado Springs.
How do taxes compare between Colorado and Ohio?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Colorado Springs or Toledo?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/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 Colorado Springs details → View Toledo details →

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