Cost of Living: Toledo, OH vs Richmond, CA (2026)

Toledo

Ohio
52
VS

Richmond

California
161

Toledo is 68% cheaper than Richmond.

$880/mo ↓ 54%
Median Rent
$1,895/mo ↑ 115%
$47,532/yr ↓ 47%
Median Income
$90,038/yr ↑ 89%
$107,000 ↓ 84%
Home Value
$650,100 ↑ 508%
$856/mo ↓ 58%
Owner Costs
$2,015/mo ↑ 135%
268,461
Population
115,396

Tax Comparison

3.5%
Income Tax
13.3%
5.75%
State Sales Tax
7.25%
1.53%
Property Tax
0.71%

Affordability

22.2%
rent-to-income
Affordability
25.3%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Richmond, CA, the overall cost of living indices are 52 and 161 respectively (national median = 100). Rent is $1,015/month cheaper in Toledo, saving renters about $12,180/year.

Median household income is $42,506/year higher in Richmond. Home values also differ significantly — the median in Toledo is $107,000 compared to $650,100 in Richmond.

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

Frequently Asked Questions

Toledo vs Richmond — common questions

Is Toledo or Richmond cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 161 (US average = 100).
What is the rent difference between Toledo and Richmond?
Median rent in Toledo is $880/month and in Richmond it's $1,895/month — a difference of $1,015/month.
Which city has higher income, Toledo or Richmond?
Median household income is $47,532 in Toledo and $90,038 in Richmond. Median household income is $42,506/year higher in Richmond.
How do taxes compare between Ohio and California?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to Toledo or Richmond?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Richmond has a cost index of 161 with rent of $1,895/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Richmond details →

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