Cost of Living: Toledo, OH vs Jackson, MS (2026)

Toledo

Ohio
52
VS

Jackson

Mississippi
58

Toledo is 10% cheaper than Jackson.

$880/mo ↓ 14%
Median Rent
$1,018/mo ↑ 16%
$47,532/yr ↑ 10%
Median Income
$43,238/yr ↓ 9%
$107,000 ↓ 1%
Home Value
$108,200 ↑ 1%
$856/mo ↓ 10%
Owner Costs
$956/mo ↑ 12%
268,461
Population
149,827

Tax Comparison

3.5%
Income Tax
5.0%
5.75%
State Sales Tax
7.0%
1.53%
Property Tax
0.67%

Affordability

22.2%
rent-to-income
Affordability
28.3%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Jackson, MS, the overall cost of living indices are 52 and 58 respectively (national median = 100). Rent is $138/month cheaper in Toledo, saving renters about $1,656/year.

Median household income is $4,294/year higher in Toledo. Home values also differ significantly — the median in Toledo is $107,000 compared to $108,200 in Jackson.

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

Frequently Asked Questions

Toledo vs Jackson — common questions

Is Toledo or Jackson cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 58 (US average = 100).
What is the rent difference between Toledo and Jackson?
Median rent in Toledo is $880/month and in Jackson it's $1,018/month — a difference of $138/month.
Which city has higher income, Toledo or Jackson?
Median household income is $47,532 in Toledo and $43,238 in Jackson. Median household income is $4,294/year higher in Toledo.
How do taxes compare between Ohio and Mississippi?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Mississippi has 5.0% income tax, 7.0% sales tax, and 0.67% property tax.
Should I move to Toledo or Jackson?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Jackson has a cost index of 58 with rent of $1,018/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Jackson details →

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