Cost of Living: Toledo, OH vs Salem, OR (2026)

Toledo

Ohio
52
VS

Salem

Oregon
105

Toledo is 50% cheaper than Salem.

$880/mo ↓ 33%
Median Rent
$1,323/mo ↑ 50%
$47,532/yr ↓ 34%
Median Income
$71,900/yr ↑ 51%
$107,000 ↓ 72%
Home Value
$382,400 ↑ 257%
$856/mo ↓ 41%
Owner Costs
$1,440/mo ↑ 68%
268,461
Population
176,666

Tax Comparison

3.5%
Income Tax
9.9%
5.75%
State Sales Tax
0%
1.53%
Property Tax
0.93%

Affordability

22.2%
rent-to-income
Affordability
22.1%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Salem, OR, the overall cost of living indices are 52 and 105 respectively (national median = 100). Rent is $443/month cheaper in Toledo, saving renters about $5,316/year.

Median household income is $24,368/year higher in Salem. Home values also differ significantly — the median in Toledo is $107,000 compared to $382,400 in Salem.

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

Frequently Asked Questions

Toledo vs Salem — common questions

Is Toledo or Salem cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 105 (US average = 100).
What is the rent difference between Toledo and Salem?
Median rent in Toledo is $880/month and in Salem it's $1,323/month — a difference of $443/month.
Which city has higher income, Toledo or Salem?
Median household income is $47,532 in Toledo and $71,900 in Salem. Median household income is $24,368/year higher in Salem.
How do taxes compare between Ohio and Oregon?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Oregon has 9.9% income tax, 0% sales tax, and 0.93% property tax.
Should I move to Toledo or Salem?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Salem has a cost index of 105 with rent of $1,323/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Salem details →

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