CostIndexUSA

Charleston, SC vs Toledo, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

SC
Charleston
101
overall index
$1,950/mo rent
More AffordableOH
Toledo
91.5
overall index
$1,150/mo rent

Toledo is moderately cheaper than Charleston — 9.4% lower overall cost of living.

To match an $80,000 salary in Charleston, you would need $72,500 in Toledo. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing43.8%
Charleston
119.8
Toledo
67.3
🛒 Groceries2.8%
Charleston
96.3
Toledo
93.6
🚗 Transportation+0.7%
Charleston
103.2
Toledo
103.9
🏥 Healthcare+0.6%
Charleston
93.4
Toledo
94
Utilities+9.2%
Charleston
88.2
Toledo
96.3

Salary Equivalency Calculator

Enter your current salary in Charleston to see what you'd need to earn in Toledo to maintain the same purchasing power.

$
Equivalent salary in Toledo, OH
$72,500
$7,500 less needed in Toledo

Formula: salary × (91.5 ÷ 101) = salary × 0.9059. Based on BEA Regional Price Parities.

Housing Market

Charleston, SC

Median Home Price
$425,000
Median Monthly Rent
$1,950
Housing Index
119.8
Price-to-Rent Ratio
18.2×

Toledo, OH

Median Home Price
$190,000
Median Monthly Rent
$1,150
Housing Index
67.3
Price-to-Rent Ratio
13.8×

Charleston has 43.8% lower housing costs compared to Toledo.

Income & Job Market

Charleston, SC

Median Household Income
$85,200
Per Capita Income
$48,600
Unemployment Rate
3.4%
Population
150,227
Top Industries
MilitaryTourismHealthcareTechnologyManufacturing

Toledo, OH

Median Household Income
$63,100
Per Capita Income
$36,000
Unemployment Rate
5.1%
Population
270,871
Top Industries
ManufacturingHealthcareGovernmentRetailEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Charleston, SC
3.6×income-to-rent ratio

73% of income left after rent (median)

Toledo, OH
4.6×income-to-rent ratio

78% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.