CostIndexUSA

Elk Grove, CA vs Toledo, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CA
Elk Grove
106.7
overall index
$2,200/mo rent
More AffordableOH
Toledo
91.5
overall index
$1,150/mo rent

Toledo is moderately cheaper than Elk Grove — 14.2% lower overall cost of living.

To match an $80,000 salary in Elk Grove, you would need $68,600 in Toledo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing48.3%
Elk Grove
130.2
Toledo
67.3
🛒 Groceries11.0%
Elk Grove
105.2
Toledo
93.6
🚗 Transportation1.3%
Elk Grove
105.3
Toledo
103.9
🏥 Healthcare1.4%
Elk Grove
95.3
Toledo
94
Utilities36.4%
Elk Grove
151.3
Toledo
96.3

Salary Equivalency Calculator

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

$
Equivalent salary in Toledo, OH
$68,600
$11,400 less needed in Toledo

Formula: salary × (91.5 ÷ 106.7) = salary × 0.8575. Based on BEA Regional Price Parities.

Housing Market

Elk Grove, CA

Median Home Price
$566,000
Median Monthly Rent
$2,200
Housing Index
130.2
Price-to-Rent Ratio
21.4×

Toledo, OH

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

Elk Grove has 48.3% lower housing costs compared to Toledo.

Income & Job Market

Elk Grove, CA

Median Household Income
$95,000
Per Capita Income
$54,100
Unemployment Rate
5.8%
Population
176,124
Top Industries
HealthcareGovernmentRetailTechnologyEducation

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).

Elk Grove, CA
3.6×income-to-rent ratio

72% 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.