CostIndexUSA

Missoula, MT vs Toledo, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Missoula
96.4
overall index
$1,550/mo rent
More AffordableOH
Toledo
91.5
overall index
$1,150/mo rent

Toledo is moderately cheaper than Missoula — 5.1% lower overall cost of living.

To match an $80,000 salary in Missoula, you would need $75,900 in Toledo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing29.1%
Missoula
94.9
Toledo
67.3
🛒 Groceries2.5%
Missoula
96
Toledo
93.6
🚗 Transportation≈ Equal
Missoula
103.7
Toledo
103.9
🏥 Healthcare≈ Equal
Missoula
93.8
Toledo
94
Utilities+33.6%
Missoula
72.1
Toledo
96.3

Salary Equivalency Calculator

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

$
Equivalent salary in Toledo, OH
$75,900
$4,100 less needed in Toledo

Formula: salary × (91.5 ÷ 96.4) = salary × 0.9492. Based on BEA Regional Price Parities.

Housing Market

Missoula, MT

Median Home Price
$552,000
Median Monthly Rent
$1,550
Housing Index
94.9
Price-to-Rent Ratio
29.7×

Toledo, OH

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

Missoula has 29.1% lower housing costs compared to Toledo.

Income & Job Market

Missoula, MT

Median Household Income
$73,300
Per Capita Income
$41,800
Unemployment Rate
2.5%
Population
73,489
Top Industries
EducationHealthcareTourismGovernmentRetail

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).

Missoula, MT
3.9×income-to-rent ratio

75% 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.