Cost of Living: Toledo, OH vs New Haven, CT (2026)

Toledo

Ohio
52
VS

New Haven

Connecticut
95

Toledo is 45% cheaper than New Haven.

$880/mo ↓ 39%
Median Rent
$1,442/mo ↑ 64%
$47,532/yr ↓ 12%
Median Income
$53,771/yr ↑ 13%
$107,000 ↓ 57%
Home Value
$249,000 ↑ 133%
$856/mo ↓ 44%
Owner Costs
$1,520/mo ↑ 78%
268,461
Population
132,893

Tax Comparison

3.5%
Income Tax
6.99%
5.75%
State Sales Tax
6.35%
1.53%
Property Tax
2.15%

Affordability

22.2%
rent-to-income
Affordability
32.2%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and New Haven, CT, the overall cost of living indices are 52 and 95 respectively (national median = 100). Rent is $562/month cheaper in Toledo, saving renters about $6,744/year.

Median household income is $6,239/year higher in New Haven. Home values also differ significantly — the median in Toledo is $107,000 compared to $249,000 in New Haven.

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

Frequently Asked Questions

Toledo vs New Haven — common questions

Is Toledo or New Haven cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 95 (US average = 100).
What is the rent difference between Toledo and New Haven?
Median rent in Toledo is $880/month and in New Haven it's $1,442/month — a difference of $562/month.
Which city has higher income, Toledo or New Haven?
Median household income is $47,532 in Toledo and $53,771 in New Haven. Median household income is $6,239/year higher in New Haven.
How do taxes compare between Ohio and Connecticut?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to Toledo or New Haven?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while New Haven has a cost index of 95 with rent of $1,442/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View New Haven details →

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