CostIndexUSA

Honolulu, HI vs Toledo, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

HI
Honolulu
100
overall index
$1,500/mo rent
More AffordableOH
Toledo
91.5
overall index
$1,150/mo rent

Toledo is moderately cheaper than Honolulu — 8.5% lower overall cost of living.

To match an $80,000 salary in Honolulu, you would need $73,200 in Toledo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing32.7%
Honolulu
100
Toledo
67.3
🛒 Groceries6.4%
Honolulu
100
Toledo
93.6
🚗 Transportation+3.9%
Honolulu
100
Toledo
103.9
🏥 Healthcare6.0%
Honolulu
100
Toledo
94
Utilities3.7%
Honolulu
100
Toledo
96.3

Salary Equivalency Calculator

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

$
Equivalent salary in Toledo, OH
$73,200
$6,800 less needed in Toledo

Formula: salary × (91.5 ÷ 100) = salary × 0.9150. Based on BEA Regional Price Parities.

Housing Market

Honolulu, HI

Median Home Price
$420,000
Median Monthly Rent
$1,500
Housing Index
100
Price-to-Rent Ratio
23.3×

Toledo, OH

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

Honolulu has 32.7% lower housing costs compared to Toledo.

Income & Job Market

Honolulu, HI

Median Household Income
$75,000
Per Capita Income
$42,700
Unemployment Rate
3.7%
Population
350,964
Top Industries
TourismMilitaryHealthcareGovernmentRetail

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).

Honolulu, HI
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.