CostIndexUSA

Portland, OR vs Toledo, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Portland
105.4
overall index
$1,775/mo rent
More AffordableOH
Toledo
91.5
overall index
$1,150/mo rent

Toledo is moderately cheaper than Portland — 13.2% lower overall cost of living.

To match an $80,000 salary in Portland, you would need $69,400 in Toledo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing46.2%
Portland
125.1
Toledo
67.3
🛒 Groceries11.0%
Portland
105.2
Toledo
93.6
🚗 Transportation1.1%
Portland
105.1
Toledo
103.9
🏥 Healthcare1.2%
Portland
95.1
Toledo
94
Utilities10.0%
Portland
107
Toledo
96.3

Salary Equivalency Calculator

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

$
Equivalent salary in Toledo, OH
$69,400
$10,600 less needed in Toledo

Formula: salary × (91.5 ÷ 105.4) = salary × 0.8681. Based on BEA Regional Price Parities.

Housing Market

Portland, OR

Median Home Price
$536,000
Median Monthly Rent
$1,775
Housing Index
125.1
Price-to-Rent Ratio
25.2×

Toledo, OH

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

Portland has 46.2% lower housing costs compared to Toledo.

Income & Job Market

Portland, OR

Median Household Income
$94,900
Per Capita Income
$54,100
Unemployment Rate
3.8%
Population
652,503
Top Industries
TechnologyHealthcareManufacturingRetailTourism

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).

Portland, OR
4.5×income-to-rent ratio

78% 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.