Cost of Living in Toledo, IA

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15%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
40%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Toledo Iowa National
Cost of living8589100
Groceries9697100
Health care9896100
Housing6074100
Transportation9897100
Utilities9695100
Lifestyle & Entertainment9495100
Household Items9997100
Education & Childcare9094100
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Homes For Sale In Toledo, IA

property for sale

207 W Madison St

Toledo, IA
property for sale

406 E Ross St

Toledo, IA
property for sale

201 E Ross St

Toledo, IA
property for sale

608 S Broadway St

Toledo, IA
See the Newest Homes For Sale In Toledo, IA

Cost Of Living Quick Facts

  • The cost of living in Toledo is 5% lower than the Iowa average
  • The cost of living in Toledo is 15% lower than the national average
  • Toledo housing is 40% lower than the national average
  • Iowa general sales tax is 18% higher than the national average
  • Iowa state income tax is 69% higher than the national average

Most Affordable Places to Live in and Around Toledo

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Compare Toledo, IA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$76,150$6,346$1,777$2,285
      Renters$49,200$4,100$1,148$1,476

      Iowa Sales Tax

      State General Sales Tax With Max Surtax
      Iowa 6% 7%

      Iowa Income Tax

      State Income Tax (Low) Income Tax (High)
      Iowa 4.4% 6%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Chelsea, IA2657623.5%
      Vining, IA857722.6%
      Elberon, IA1767821.6%
      Ferguson, IA1287821.6%
      Green Mountain, IA1868020.2%
      Toledo, IA2,2608514.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Buckhorn, CA2,26012322.5%
      Bay City, OR2,26011212.2%
      Montgomery, TX2,26012019.6%
      West Interlake, MB2,260n/a 
      Aviston, IL2,259972.8%
      Toledo, IA2,2608514.9%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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