Cost of Living: Toledo, OH vs Chesapeake, VA (2026)

Toledo

Ohio
52
VS

Chesapeake

Virginia
112

Toledo is 54% cheaper than Chesapeake.

$880/mo ↓ 42%
Median Rent
$1,523/mo ↑ 73%
$47,532/yr ↓ 50%
Median Income
$94,189/yr ↑ 98%
$107,000 ↓ 70%
Home Value
$359,100 ↑ 236%
$856/mo ↓ 49%
Owner Costs
$1,680/mo ↑ 96%
268,461
Population
251,153

Tax Comparison

3.5%
Income Tax
5.75%
5.75%
State Sales Tax
5.3%
1.53%
Property Tax
0.8%

Affordability

22.2%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Chesapeake, VA, the overall cost of living indices are 52 and 112 respectively (national median = 100). Rent is $643/month cheaper in Toledo, saving renters about $7,716/year.

Median household income is $46,657/year higher in Chesapeake. Home values also differ significantly — the median in Toledo is $107,000 compared to $359,100 in Chesapeake.

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

Frequently Asked Questions

Toledo vs Chesapeake — common questions

Is Toledo or Chesapeake cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 112 (US average = 100).
What is the rent difference between Toledo and Chesapeake?
Median rent in Toledo is $880/month and in Chesapeake it's $1,523/month — a difference of $643/month.
Which city has higher income, Toledo or Chesapeake?
Median household income is $47,532 in Toledo and $94,189 in Chesapeake. Median household income is $46,657/year higher in Chesapeake.
How do taxes compare between Ohio and Virginia?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to Toledo or Chesapeake?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Chesapeake has a cost index of 112 with rent of $1,523/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Chesapeake details →

More Comparisons

Other cost of living comparisons for Toledo and Chesapeake

Toledo vs. Reno Toledo vs. Fort Wayne Toledo vs. North Las Vegas Toledo vs. Lubbock Toledo vs. Gilbert Toledo vs. St. Petersburg Chesapeake vs. Irving Chesapeake vs. Winston-Salem Chesapeake vs. Laredo Chesapeake vs. Glendale Chesapeake vs. St. Petersburg Chesapeake vs. Garland