Cost of living in Toledo, Ohio

Toledo, Ohio has about 267,463 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $114,500.

HUD's fair-market rent for a 2-bedroom in Lucas County is $1,145 a month. That is the county number, not an apartment listing in Toledo. It runs from October 2026 through September 2027.

In the Toledo, OH metro area, prices sit at 91.5 when the U.S. average is 100. That is a 2024 BEA index.

Ohio taxes wages. A typical combined sales tax is 7.3% as of January 1, 2026. That mix is statewide, not Toledo's exact store tax.

Some places in Ohio add a local wage tax. In 2023 the state average was about 1.20% of income. That is not a Toledo bill.

In July 2026, a typical Ohio home paid 19.45¢ per kilowatt-hour. That is a state average from EIA, not Toledo's bill.

In 2025, all-grades gas in Ohio averaged $3.06 a gallon. EIA prints this yearly price for only some states.

Among 618 places we list in Ohio with a rent figure, 355 have higher typical rent than Toledo.