Cost of Living: Toledo, OH vs Las Cruces, NM (2026)

Toledo

Ohio
52
VS

Las Cruces

New Mexico
68

Toledo is 24% cheaper than Las Cruces.

$880/mo ↓ 7%
Median Rent
$946/mo ↑ 8%
$47,532/yr ↓ 14%
Median Income
$55,176/yr ↑ 16%
$107,000 ↓ 51%
Home Value
$217,400 ↑ 103%
$856/mo ↓ 12%
Owner Costs
$974/mo ↑ 14%
268,461
Population
112,612

Tax Comparison

3.5%
Income Tax
5.9%
5.75%
State Sales Tax
5.0%
1.53%
Property Tax
0.67%

Affordability

22.2%
rent-to-income
Affordability
20.6%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Las Cruces, NM, the overall cost of living indices are 52 and 68 respectively (national median = 100). Rent is $66/month cheaper in Toledo, saving renters about $792/year.

Median household income is $7,644/year higher in Las Cruces. Home values also differ significantly — the median in Toledo is $107,000 compared to $217,400 in Las Cruces.

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

Frequently Asked Questions

Toledo vs Las Cruces — common questions

Is Toledo or Las Cruces cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 68 (US average = 100).
What is the rent difference between Toledo and Las Cruces?
Median rent in Toledo is $880/month and in Las Cruces it's $946/month — a difference of $66/month.
Which city has higher income, Toledo or Las Cruces?
Median household income is $47,532 in Toledo and $55,176 in Las Cruces. Median household income is $7,644/year higher in Las Cruces.
How do taxes compare between Ohio and New Mexico?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. New Mexico has 5.9% income tax, 5.0% sales tax, and 0.67% property tax.
Should I move to Toledo or Las Cruces?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Las Cruces has a cost index of 68 with rent of $946/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Las Cruces details →

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