Cost of Living: Jersey City, NJ vs Toledo, OH (2026)

Jersey City

New Jersey
148
VS

Toledo

Ohio
52

Jersey City is 185% more expensive than Toledo.

$1,902/mo ↑ 116%
Median Rent
$880/mo ↓ 54%
$94,813/yr ↑ 99%
Median Income
$47,532/yr ↓ 50%
$534,500 ↑ 400%
Home Value
$107,000 ↓ 80%
$2,006/mo ↑ 134%
Owner Costs
$856/mo ↓ 57%
289,691
Population
268,461

Tax Comparison

10.75%
Income Tax
3.5%
6.625%
State Sales Tax
5.75%
2.23%
Property Tax
1.53%

Affordability

24.1%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Jersey City, NJ and Toledo, OH, the overall cost of living indices are 148 and 52 respectively (national median = 100). Rent is $1,022/month cheaper in Toledo, saving renters about $12,264/year.

Median household income is $47,281/year higher in Jersey City. Home values also differ significantly — the median in Jersey City is $534,500 compared to $107,000 in Toledo.

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

Frequently Asked Questions

Jersey City vs Toledo — common questions

Is Jersey City or Toledo cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 148 (US average = 100).
What is the rent difference between Jersey City and Toledo?
Median rent in Jersey City is $1,902/month and in Toledo it's $880/month — a difference of $1,022/month.
Which city has higher income, Jersey City or Toledo?
Median household income is $94,813 in Jersey City and $47,532 in Toledo. Median household income is $47,281/year higher in Jersey City.
How do taxes compare between New Jersey and Ohio?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Jersey City or Toledo?
It depends on your priorities. Jersey City has a cost index of 148 with median rent of $1,902/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 Jersey City details → View Toledo details →

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