Lincoln vs Toledo
Cost of Living Comparison · 2026
Lincoln
Toledo
The Verdict
Living in Toledo costs 20.8% less than Lincoln. To match the purchasing power of a $75,000 salary in Lincoln, you would need $62,097 in Toledo.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Lincoln has the same purchasing power as $62,097 in Toledo.
Conversely, $75,000 in Toledo equals $90,584 in Lincoln.
Living in Lincoln vs Toledo
Housing Costs
Lincoln's housing index of 77 is higher Toledo's 55, translating to median home prices of $264,000 vs $128,000. The $136,000 difference in home prices means roughly $8,844 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in Lincoln compared to $825/mo in Toledo, a monthly difference of $250.
Grocery & Food Costs
Grocery expenses index at 98 in Lincoln and 98 in Toledo. A household spending the national average of $475/month on groceries would pay approximately $466/month in Lincoln 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 93 in Lincoln and 92 in Toledo. Monthly utility bills average approximately $372 in Lincoln vs $368 in Toledo. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 102 in Lincoln and 84 in Toledo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 18-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $71,900 in Lincoln and $42,200 in Toledo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $77,312 and $54,805 respectively. Lincoln residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,678/month to housing in Lincoln vs $985/month in Toledo. In Lincoln, median rent of $1,075/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 22 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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