Cost Of Living in Olde Towne, OH

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Olde Towne	Toledo	Ohio
Cost of living	84	87	92
Goods & Services	105	105	100
Groceries	99	99	101
Health care	86	86	98
Housing	44	55	73
Transportation	100	100	100
Utilities	94	94	99

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Cost Of Living Quick Facts

The cost of living in Olde Towne is 9% lower than the Toledo average
The cost of living in Olde Towne is 16% lower than the national average
Olde Towne housing is 56% lower than the national average
Ohio general sales tax is 13% higher than the national average
Ohio state income tax is 6% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Household	$29,635	$2,470	$691	$889

Ohio Sales Tax

State	General Sales Tax	With Max Surtax
Ohio	5.75%	8%

Ohio Income Tax

State	Income Tax (Low)	Income Tax (High)
Ohio	2.76%	3.99%

Goods & Services

Item	Toledo	National avg.	Difference
Haircut	$23.45	$24.26	3.3%
Beauty Salon	$39.83	$45.56	12.6%
Toothpaste	$3.75	$3.70	1.3%
Shampoo	$1.21	$1.28	5.5%
Movie	$11.62	$12.13	4.2%
Bowling	$11.78	$18.00	34.6%

Groceries

Item	Toledo	National avg.	Difference
Ground Beef	$6.28	$5.84	7.5%
Fried Chicken	$1.39	$1.57	11.4%
Milk	$4.55	$4.67	2.5%
Potatoes	$4.83	$4.93	2.1%
Pizza	$11.74	$12.09	2.9%
Beer	$10.79	$10.41	3.6%

Health Care

Item	Toledo	National avg.	Difference
Optometrist	$82.43	$125.68	34.4%
Doctor	$123.67	$135.78	8.9%
Dentist	$92.00	$113.29	18.8%
Ibuprofen	$10.24	$10.65	3.9%
Lipitor	$421.83	$468.60	10.0%

Housing

Item	Toledo	National avg.	Difference
Home Price	$83,600.00	$184,700.00	54.7%
Avg. Mortgage Payment	$1,797.82	$2,346.69	23.4%
Apartment Rent	$737.00	$949.00	22.3%

Transportation

Item	Toledo	National avg.	Difference
Gasoline	$3.38	$3.46	2.3%
Tire Balancing	$64.21	$59.92	7.2%

Utilities

Item	Toledo	National avg.	Difference
All Electricity	$180.12	$193.99	7.2%
Phone	$184.90	$192.25	3.8%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Harbor View, OH	156	100	0.4%
Williston, OH	419	85	15.2%
Stony Ridge, OH	601	86	13.8%
Luna Pier, MI	1,134	89	11.4%
Walbridge, OH	3,145	88	11.5%
Toledo, OH	275,116	87	13.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Durham, NC	276,341	105	5.4%
Irvine, CA	272,694	198	98.4%
Saskatoon, SK	281,340	n/a
Chula Vista, CA	268,779	156	56.1%
Fort Wayne, IN	268,378	90	10.3%
Toledo, OH	275,116	87	13.2%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Olde Towne, Toledo, OH