Cost of Living: Toledo, OH vs Peoria, AZ (2026)

Toledo

Ohio
52
VS

Peoria

Arizona
125

Toledo is 58% cheaper than Peoria.

$880/mo ↓ 50%
Median Rent
$1,743/mo ↑ 98%
$47,532/yr ↓ 49%
Median Income
$93,403/yr ↑ 97%
$107,000 ↓ 75%
Home Value
$429,400 ↑ 301%
$856/mo ↓ 46%
Owner Costs
$1,589/mo ↑ 86%
268,461
Population
194,338

Tax Comparison

3.5%
Income Tax
2.5%
5.75%
State Sales Tax
5.6%
1.53%
Property Tax
0.62%

Affordability

22.2%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Peoria, AZ, the overall cost of living indices are 52 and 125 respectively (national median = 100). Rent is $863/month cheaper in Toledo, saving renters about $10,356/year.

Median household income is $45,871/year higher in Peoria. Home values also differ significantly — the median in Toledo is $107,000 compared to $429,400 in Peoria.

Arizona has a lower income tax rate, making Peoria slightly more tax-friendly.

Frequently Asked Questions

Toledo vs Peoria — common questions

Is Toledo or Peoria cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 125 (US average = 100).
What is the rent difference between Toledo and Peoria?
Median rent in Toledo is $880/month and in Peoria it's $1,743/month — a difference of $863/month.
Which city has higher income, Toledo or Peoria?
Median household income is $47,532 in Toledo and $93,403 in Peoria. Median household income is $45,871/year higher in Peoria.
How do taxes compare between Ohio and Arizona?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Toledo or Peoria?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Peoria has a cost index of 125 with rent of $1,743/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Peoria details →

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