CostIndexUSA

Durham, NC vs Toledo, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Durham
97.6
overall index
$1,650/mo rent
More AffordableOH
Toledo
91.5
overall index
$1,150/mo rent

Toledo is moderately cheaper than Durham — 6.2% lower overall cost of living.

To match an $80,000 salary in Durham, you would need $75,000 in Toledo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing32.0%
Durham
98.9
Toledo
67.3
🛒 Groceries3.1%
Durham
96.6
Toledo
93.6
🚗 Transportation+0.8%
Durham
103.1
Toledo
103.9
🏥 Healthcare+0.8%
Durham
93.3
Toledo
94
Utilities+7.8%
Durham
89.3
Toledo
96.3

Salary Equivalency Calculator

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

$
Equivalent salary in Toledo, OH
$75,000
$5,000 less needed in Toledo

Formula: salary × (91.5 ÷ 97.6) = salary × 0.9375. Based on BEA Regional Price Parities.

Housing Market

Durham, NC

Median Home Price
$402,000
Median Monthly Rent
$1,650
Housing Index
98.9
Price-to-Rent Ratio
20.3×

Toledo, OH

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

Durham has 32.0% lower housing costs compared to Toledo.

Income & Job Market

Durham, NC

Median Household Income
$83,300
Per Capita Income
$47,500
Unemployment Rate
3.2%
Population
278,993
Top Industries
TechnologyHealthcareEducationResearchFinance

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).

Durham, NC
4.2×income-to-rent ratio

76% 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.