New York, NY vs Toledo, OH
Cost of living comparison · 2023 Census ACS data
Quick Summary
New York is materially more expensive on housing — $752,000 for a typical home compared with $107,000 in Toledo, a gap of roughly 86%. State income-tax burden also tilts toward Toledo — a top rate of 3.8% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$107,000 ✓
Zillow Home Value
$812,534
$126,270
Median Gross Rent
$1,779/mo
$880/mo ✓
Owner Occupied %
32.8%
52.7%
Price-to-Rent Ratio
35.2x
10.1x
Median Household Income
$79,713 ✓
$47,532
Per Capita Income
$50,776
$27,407
Unemployment Rate
7.7% ✓
8.5%
Poverty Rate
17.4%
24.5%
Avg Commute (min)
44.8 min
21.4 min
Drove Alone %
21.9%
77.9%
Public Transit %
45.5%
1.4%
Work From Home %
15.0%
5.7%
State Income Tax
10.9%
3.8%
Total Sales Tax
8.5%
7.2% ✓
Property Tax Rate
1.7%
1.6%
Bachelor's Degree %
23.6%
13.7%
Median Age
38
35.7
Avg High Temp
62.6°F
60.2°F
Annual Precipitation
49.5"
32.4"
Annual Snowfall
29.8"
—
New York, NY 2 wins
- ✓Median Household Income
- ✓Unemployment Rate
Toledo, OH 3 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
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