Cost of Living: Toledo, OH vs Meridian, ID (2026)

Toledo

Ohio
52
VS

Meridian

Idaho
131

Toledo is 60% cheaper than Meridian.

$880/mo ↓ 49%
Median Rent
$1,714/mo ↑ 95%
$47,532/yr ↓ 52%
Median Income
$98,686/yr ↑ 108%
$107,000 ↓ 78%
Home Value
$485,000 ↑ 353%
$856/mo ↓ 47%
Owner Costs
$1,607/mo ↑ 88%
268,461
Population
124,865

Tax Comparison

3.5%
Income Tax
5.8%
5.75%
State Sales Tax
6.0%
1.53%
Property Tax
0.63%

Affordability

22.2%
rent-to-income
Affordability
20.8%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Meridian, ID, the overall cost of living indices are 52 and 131 respectively (national median = 100). Rent is $834/month cheaper in Toledo, saving renters about $10,008/year.

Median household income is $51,154/year higher in Meridian. Home values also differ significantly — the median in Toledo is $107,000 compared to $485,000 in Meridian.

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

Frequently Asked Questions

Toledo vs Meridian — common questions

Is Toledo or Meridian cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 131 (US average = 100).
What is the rent difference between Toledo and Meridian?
Median rent in Toledo is $880/month and in Meridian it's $1,714/month — a difference of $834/month.
Which city has higher income, Toledo or Meridian?
Median household income is $47,532 in Toledo and $98,686 in Meridian. Median household income is $51,154/year higher in Meridian.
How do taxes compare between Ohio and Idaho?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Idaho has 5.8% income tax, 6.0% sales tax, and 0.63% property tax.
Should I move to Toledo or Meridian?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Meridian has a cost index of 131 with rent of $1,714/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Meridian details →

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