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

Denver

Colorado
147
VS

Toledo

Ohio
52

Denver is 183% more expensive than Toledo.

$1,770/mo ↑ 101%
Median Rent
$880/mo ↓ 50%
$91,681/yr ↑ 93%
Median Income
$47,532/yr ↓ 48%
$586,700 ↑ 448%
Home Value
$107,000 ↓ 82%
$1,839/mo ↑ 115%
Owner Costs
$856/mo ↓ 53%
713,734
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

23.2%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Denver, CO and Toledo, OH, the overall cost of living indices are 147 and 52 respectively (national median = 100). Rent is $890/month cheaper in Toledo, saving renters about $10,680/year.

Median household income is $44,149/year higher in Denver. Home values also differ significantly — the median in Denver is $586,700 compared to $107,000 in Toledo.

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

Frequently Asked Questions

Denver vs Toledo — common questions

Is Denver or Toledo cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 147 (US average = 100).
What is the rent difference between Denver and Toledo?
Median rent in Denver is $1,770/month and in Toledo it's $880/month — a difference of $890/month.
Which city has higher income, Denver or Toledo?
Median household income is $91,681 in Denver and $47,532 in Toledo. Median household income is $44,149/year higher in Denver.
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 Denver or Toledo?
It depends on your priorities. Denver has a cost index of 147 with median rent of $1,770/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 Denver details → View Toledo details →

More Comparisons

Other cost of living comparisons for Denver and Toledo

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