Cost of Living in Toledo, OR

Population 3,547 · Oregon · Data vintage 2023

90
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Toledo a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $293,000. A poverty rate near 27% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Located 50 miles west of Salem, Toledo falls within that metro's commuting orbit. Median home values run roughly 23% lower than Salem's $382,000.

Cost Overview

Housing 96
Rent 81

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Toledo

The median home value in Toledo is $293,100 — 4% below the national median of $305,000. Median rent runs $1,063/month, 19% lower than the national median of $1,314/month. The median household income of $51,131/year is 31% lower than the US median of $74,580. The local unemployment rate is 11.7%, above the national average of 4.8%. Oregon's top state income tax rate is 9.9% and the combined sales tax is 0.0%. The climate averages highs of 56.9°F and lows of 44.3°F. Overall, Toledo has a cost of living index of 90 versus the US average of 100, meaning it is 10% less expensive.

🏠 Housing

Median Home Value
$293,100
4% below avg
Zillow Home Value
$342,733
Zillow ZHVI
Median Rent
$1,063/mo
19% below avg
Price-to-Rent Ratio
23.0x
Favors renting
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$903
1 BR
$1,003
2 BR
$1,252
3 BR
$1,754
4 BR
$2,023
Owner-occupied 55.5%
Renter-occupied 44.5%

💰 Estimated Monthly Budget

Rent median rent
$1,063
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,677/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.6 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.1%

Commute Mode

Drove alone
68.6%
Carpooled
16.9%
Public transit
1.1%
Walked
2.4%
Bicycle
0.8%
Work from home
10.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.9%
Total Sales Tax 0.0%
State rate 0.0%
Avg local rate 0.0%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$51,131
31% below avg
Per Capita Income
$25,217
Unemployment Rate
11.7%
143% above avg
Poverty Rate
26.8%
Labor Force Participation
64.4%

🎓 Education

Bachelor's degree+ 19.5%
Graduate degree 3.9%

👥 Demographics

Median Age 39.7
Male median age 44.2
Female median age 34.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.9°F
Avg Low
44.3°F
Annual Precip
67.3"
Annual Snowfall
0.1"
30° 40° 50° 60° 70° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 505253545861646464605450
Low °F 393939414649515249454239
Precip" 10.338.386.825.532.962.160.590.742.335.5610.2411.63
Snow" 0.00.00.00.00.00.00.00.00.00.00.00.1

Frequently Asked Questions

What is the cost of living in Toledo, OR?

Toledo has a cost index of 90 (100 = national average). It is 10% below the national average.

What is average rent in Toledo, OR?

The median gross rent in Toledo is $1,063 per month based on 2023 Census data.

What is the average home price in Toledo?

The median home value in Toledo is $293,100 according to Zillow and Census data.

What is the median income in Toledo?

The median household income in Toledo is $51,131 per year (2023 ACS 5-year estimates).

What is the sales tax in Toledo, OR?

The combined state and local sales tax rate in Toledo is 0.0%. The Oregon state income tax top rate is 9.9%.

Is Toledo, OR affordable?

Toledo is near the national average in terms of cost of living, with an index of 90 (100 = US average).

What is the weather like in Toledo?

Toledo has average high temperatures of 56.9°F and average lows of 44.3°F. Annual precipitation is 67.3". Average annual snowfall is 0.1". Data from NOAA 1991–2020 Climate Normals.

Toledo at a Glance

Population
3,547
Median Income
$51,131
Home Value
$293,100
Median Rent
$1,063/mo
Unemployment
11.7%
Avg High Temp
56.9°F
Sales Tax
0.0%
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🗺️ County data for Oregon

Explore county-level cost of living data

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