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

Toledo

Ohio
52
VS

Yonkers

New York
133

Toledo is 61% cheaper than Yonkers.

$880/mo ↓ 49%
Median Rent
$1,730/mo ↑ 97%
$47,532/yr ↓ 42%
Median Income
$81,816/yr ↑ 72%
$107,000 ↓ 78%
Home Value
$478,000 ↑ 347%
$856/mo ↓ 51%
Owner Costs
$1,759/mo ↑ 105%
268,461
Population
209,529

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
25.4%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Yonkers, NY, the overall cost of living indices are 52 and 133 respectively (national median = 100). Rent is $850/month cheaper in Toledo, saving renters about $10,200/year.

Median household income is $34,284/year higher in Yonkers. Home values also differ significantly — the median in Toledo is $107,000 compared to $478,000 in Yonkers.

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

Frequently Asked Questions

Toledo vs Yonkers — common questions

Is Toledo or Yonkers cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 133 (US average = 100).
What is the rent difference between Toledo and Yonkers?
Median rent in Toledo is $880/month and in Yonkers it's $1,730/month — a difference of $850/month.
Which city has higher income, Toledo or Yonkers?
Median household income is $47,532 in Toledo and $81,816 in Yonkers. Median household income is $34,284/year higher in Yonkers.
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 Yonkers?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Yonkers has a cost index of 133 with rent of $1,730/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Yonkers details →

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