Cost of Living: Phoenix, AZ vs Toledo, OH (2026)

Phoenix

Arizona
109
VS

Toledo

Ohio
52

Phoenix is 110% more expensive than Toledo.

$1,458/mo ↑ 66%
Median Rent
$880/mo ↓ 40%
$77,041/yr ↑ 62%
Median Income
$47,532/yr ↓ 38%
$381,900 ↑ 257%
Home Value
$107,000 ↓ 72%
$1,430/mo ↑ 67%
Owner Costs
$856/mo ↓ 40%
1,624,832
Population
268,461

Tax Comparison

2.5%
Income Tax
3.5%
5.6%
State Sales Tax
5.75%
0.62%
Property Tax
1.53%

Affordability

22.7%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

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.

Frequently Asked Questions

Phoenix vs Toledo — common questions

Is Phoenix or Toledo cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 109 (US average = 100).
What is the rent difference between Phoenix and Toledo?
Median rent in Phoenix is $1,458/month and in Toledo it's $880/month — a difference of $578/month.
Which city has higher income, Phoenix or Toledo?
Median household income is $77,041 in Phoenix and $47,532 in Toledo. Median household income is $29,509/year higher in Phoenix.
How do taxes compare between Arizona and Ohio?
Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Phoenix or Toledo?
It depends on your priorities. Phoenix has a cost index of 109 with median rent of $1,458/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 Phoenix details → View Toledo details →

More Comparisons

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