Cost of Living: Lincoln, NE vs Toledo, OH (2026)

Lincoln

Nebraska
77
VS

Toledo

Ohio
52

Lincoln is 48% more expensive than Toledo.

$1,045/mo ↑ 19%
Median Rent
$880/mo ↓ 16%
$69,991/yr ↑ 47%
Median Income
$47,532/yr ↓ 32%
$248,200 ↑ 132%
Home Value
$107,000 ↓ 57%
$1,140/mo ↑ 33%
Owner Costs
$856/mo ↓ 25%
291,932
Population
268,461

Tax Comparison

6.64%
Income Tax
3.5%
5.5%
State Sales Tax
5.75%
1.73%
Property Tax
1.53%

Affordability

17.9%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Lincoln, NE and Toledo, OH, the overall cost of living indices are 77 and 52 respectively (national median = 100). Rent is $165/month cheaper in Toledo, saving renters about $1,980/year.

Median household income is $22,459/year higher in Lincoln. Home values also differ significantly — the median in Lincoln is $248,200 compared to $107,000 in Toledo.

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

Frequently Asked Questions

Lincoln vs Toledo — common questions

Is Lincoln or Toledo cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 77 (US average = 100).
What is the rent difference between Lincoln and Toledo?
Median rent in Lincoln is $1,045/month and in Toledo it's $880/month — a difference of $165/month.
Which city has higher income, Lincoln or Toledo?
Median household income is $69,991 in Lincoln and $47,532 in Toledo. Median household income is $22,459/year higher in Lincoln.
How do taxes compare between Nebraska and Ohio?
Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Lincoln or Toledo?
It depends on your priorities. Lincoln has a cost index of 77 with median rent of $1,045/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 Lincoln details → View Toledo details →

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