Detroit and Toledo have a similar cost of living.
When comparing Detroit, MI and Toledo, OH, the overall cost of living indices are 53 and 52 respectively (national median = 100). Rent is $154/month cheaper in Toledo, saving renters about $1,848/year.
Median household income is $7,957/year higher in Toledo. Home values also differ significantly — the median in Detroit is $76,800 compared to $107,000 in Toledo.
Ohio has a lower income tax rate, making Toledo slightly more tax-friendly.
Detroit vs Toledo — common questions
Other cost of living comparisons for Detroit and Toledo