Cost of Living: Toledo, OH vs Hollywood, FL (2026)

Toledo

Ohio
52
VS

Hollywood

Florida
113

Toledo is 54% cheaper than Hollywood.

$880/mo ↓ 43%
Median Rent
$1,555/mo ↑ 77%
$47,532/yr ↓ 27%
Median Income
$65,359/yr ↑ 38%
$107,000 ↓ 71%
Home Value
$374,200 ↑ 250%
$856/mo ↓ 45%
Owner Costs
$1,568/mo ↑ 83%
268,461
Population
152,935

Tax Comparison

3.5%
Income Tax
0%
5.75%
State Sales Tax
6.0%
1.53%
Property Tax
0.86%

Affordability

22.2%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Hollywood, FL, the overall cost of living indices are 52 and 113 respectively (national median = 100). Rent is $675/month cheaper in Toledo, saving renters about $8,100/year.

Median household income is $17,827/year higher in Hollywood. Home values also differ significantly — the median in Toledo is $107,000 compared to $374,200 in Hollywood.

Florida has no state income tax, giving Hollywood residents a significant tax advantage over Ohio's 3.5% rate.

Frequently Asked Questions

Toledo vs Hollywood — common questions

Is Toledo or Hollywood cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 113 (US average = 100).
What is the rent difference between Toledo and Hollywood?
Median rent in Toledo is $880/month and in Hollywood it's $1,555/month — a difference of $675/month.
Which city has higher income, Toledo or Hollywood?
Median household income is $47,532 in Toledo and $65,359 in Hollywood. Median household income is $17,827/year higher in Hollywood.
How do taxes compare between Ohio and Florida?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Toledo or Hollywood?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Hollywood details →

More Comparisons

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