Cost of Living: Toledo, OH vs Ann Arbor, MI (2026)

Toledo

Ohio
52
VS

Ann Arbor

Michigan
121

Toledo is 57% cheaper than Ann Arbor.

$880/mo ↓ 43%
Median Rent
$1,552/mo ↑ 76%
$47,532/yr ↓ 41%
Median Income
$81,089/yr ↑ 71%
$107,000 ↓ 75%
Home Value
$435,100 ↑ 307%
$856/mo ↓ 48%
Owner Costs
$1,638/mo ↑ 91%
268,461
Population
121,179

Tax Comparison

3.5%
Income Tax
4.25%
5.75%
State Sales Tax
6.0%
1.53%
Property Tax
1.38%

Affordability

22.2%
rent-to-income
Affordability
23.0%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Ann Arbor, MI, the overall cost of living indices are 52 and 121 respectively (national median = 100). Rent is $672/month cheaper in Toledo, saving renters about $8,064/year.

Median household income is $33,557/year higher in Ann Arbor. Home values also differ significantly — the median in Toledo is $107,000 compared to $435,100 in Ann Arbor.

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

Frequently Asked Questions

Toledo vs Ann Arbor — common questions

Is Toledo or Ann Arbor cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 121 (US average = 100).
What is the rent difference between Toledo and Ann Arbor?
Median rent in Toledo is $880/month and in Ann Arbor it's $1,552/month — a difference of $672/month.
Which city has higher income, Toledo or Ann Arbor?
Median household income is $47,532 in Toledo and $81,089 in Ann Arbor. Median household income is $33,557/year higher in Ann Arbor.
How do taxes compare between Ohio and Michigan?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Michigan has 4.25% income tax, 6.0% sales tax, and 1.38% property tax.
Should I move to Toledo or Ann Arbor?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Ann Arbor has a cost index of 121 with rent of $1,552/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Ann Arbor details →

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