Cost of Living: Toledo, OH vs Syracuse, NY (2026)

Toledo

Ohio
52
VS

Syracuse

New York
59

Toledo is 12% cheaper than Syracuse.

$880/mo ↓ 12%
Median Rent
$998/mo ↑ 13%
$47,532/yr ↑ 4%
Median Income
$45,845/yr ↓ 4%
$107,000 ↓ 14%
Home Value
$125,100 ↑ 17%
$856/mo ↓ 13%
Owner Costs
$980/mo ↑ 14%
268,461
Population
146,211

Tax Comparison

3.5%
Income Tax
10.9%
5.75%
State Sales Tax
4.0%
1.53%
Property Tax
1.62%

Affordability

22.2%
rent-to-income
Affordability
26.1%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Syracuse, NY, the overall cost of living indices are 52 and 59 respectively (national median = 100). Rent is $118/month cheaper in Toledo, saving renters about $1,416/year.

Median household income is $1,687/year higher in Toledo. Home values also differ significantly — the median in Toledo is $107,000 compared to $125,100 in Syracuse.

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

Frequently Asked Questions

Toledo vs Syracuse — common questions

Is Toledo or Syracuse cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 59 (US average = 100).
What is the rent difference between Toledo and Syracuse?
Median rent in Toledo is $880/month and in Syracuse it's $998/month — a difference of $118/month.
Which city has higher income, Toledo or Syracuse?
Median household income is $47,532 in Toledo and $45,845 in Syracuse. Median household income is $1,687/year higher in Toledo.
How do taxes compare between Ohio and New York?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax.
Should I move to Toledo or Syracuse?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Syracuse has a cost index of 59 with rent of $998/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Syracuse details →

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