Phoenix is 110% more expensive than Toledo.
When comparing Phoenix, AZ and Toledo, OH, the overall cost of living indices are 109 and 52 respectively (national median = 100). Rent is $578/month cheaper in Toledo, saving renters about $6,936/year.
Median household income is $29,509/year higher in Phoenix. Home values also differ significantly — the median in Phoenix is $381,900 compared to $107,000 in Toledo.
Arizona has a lower income tax rate, making Phoenix slightly more tax-friendly.
Phoenix vs Toledo — common questions
Other cost of living comparisons for Phoenix and Toledo