Irving vs Toledo
Cost of Living Comparison · 2026
Irving
Toledo
The Verdict
The cost gap between these cities is 29.9%, with Toledo being the more affordable option. A $75,000 income in Irving has equivalent purchasing power to $57,750 in Toledo.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Irving has the same purchasing power as $57,750 in Toledo.
Conversely, $75,000 in Toledo equals $97,403 in Irving.
Living in Irving vs Toledo
Housing Costs
Irving's housing index of 94 is higher Toledo's 55, translating to median home prices of $318,000 vs $128,000. The $190,000 difference in home prices means roughly $12,348 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Irving compared to $825/mo in Toledo, a monthly difference of $525.
Grocery & Food Costs
Grocery expenses index at 99 in Irving and 98 in Toledo. A household spending the national average of $475/month on groceries would pay approximately $470/month in Irving vs $466/month in Toledo. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 111 in Irving and 92 in Toledo. Monthly utility bills average approximately $444 in Irving vs $368 in Toledo. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.
Healthcare
Healthcare costs index at 103 in Irving and 84 in Toledo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 19-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $73,400 in Irving and $42,200 in Toledo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $73,400 and $54,805 respectively. Irving residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,713/month to housing in Irving vs $985/month in Toledo. In Irving, median rent of $1,350/mo fits within this budget. In Toledo, median rent of $825/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 39 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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