Cost of Living: Toledo, OH vs Fargo, ND (2026)

Toledo

Ohio
52
VS

Fargo

North Dakota
73

Toledo is 29% cheaper than Fargo.

$880/mo ↓ 4%
Median Rent
$916/mo ↑ 4%
$47,532/yr ↓ 28%
Median Income
$66,029/yr ↑ 39%
$107,000 ↓ 60%
Home Value
$269,800 ↑ 152%
$856/mo ↓ 14%
Owner Costs
$997/mo ↑ 16%
268,461
Population
129,064

Tax Comparison

3.5%
Income Tax
2.5%
5.75%
State Sales Tax
5.0%
1.53%
Property Tax
0.98%

Affordability

22.2%
rent-to-income
Affordability
16.6%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Fargo, ND, the overall cost of living indices are 52 and 73 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $18,497/year higher in Fargo. Home values also differ significantly — the median in Toledo is $107,000 compared to $269,800 in Fargo.

North Dakota has a lower income tax rate, making Fargo slightly more tax-friendly.

Frequently Asked Questions

Toledo vs Fargo — common questions

Is Toledo or Fargo cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 73 (US average = 100).
What is the rent difference between Toledo and Fargo?
Median rent in Toledo is $880/month and in Fargo it's $916/month — a difference of $36/month.
Which city has higher income, Toledo or Fargo?
Median household income is $47,532 in Toledo and $66,029 in Fargo. Median household income is $18,497/year higher in Fargo.
How do taxes compare between Ohio and North Dakota?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. North Dakota has 2.5% income tax, 5.0% sales tax, and 0.98% property tax.
Should I move to Toledo or Fargo?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Fargo has a cost index of 73 with rent of $916/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Fargo details →

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