Toledo vs Wilmington

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Salary Equivalence

A $75,000 salary in Toledo has the same purchasing power as $101,299 in Wilmington.

Conversely, $75,000 in Wilmington equals $55,529 in Toledo.

Living in Toledo vs Wilmington

Housing Costs

Toledo's housing index of 55 is lower Wilmington's 104, translating to median home prices of $128,000 vs $235,000. The $107,000 difference in home prices means roughly $6,960 per year in additional mortgage costs at current rates. Renters face a similar gap: $825/mo in Toledo compared to $1,200/mo in Wilmington, a monthly difference of $375.

Grocery & Food Costs

Grocery expenses index at 98 in Toledo and 103 in Wilmington. A household spending the national average of $475/month on groceries would pay approximately $466/month in Toledo vs $489/month in Wilmington. 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 92 in Toledo and 106 in Wilmington. Monthly utility bills average approximately $368 in Toledo vs $424 in Wilmington. 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 84 in Toledo and 106 in Wilmington. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 22-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $42,200 in Toledo and $46,520 in Wilmington. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $54,805 and $44,731 respectively. Toledo residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $985/month to housing in Toledo vs $1,085/month in Wilmington. In Toledo, median rent of $825/mo fits within this budget. In Wilmington, median rent of $1,200/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 49 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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