SalaryCompareTool

Minneapolis, MN vs Toledo, OH

Moving from Minneapolis to Toledo? Here's what changes — from your equivalent salary to housing ($393,774 → $203,726 median home) and taxes.

Minneapolis vs Toledo at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Minneapolis, MN Toledo, OH Cost-of-living index Minneapolis, MN — Cost-of-living index: 104 104 Toledo, OH — Cost-of-living index: 91 91 Median home price Minneapolis, MN — Median home price: $394k $394k Toledo, OH — Median home price: $204k $204k Price per sqft Minneapolis, MN — Price per sqft: $219 $219 Toledo, OH — Price per sqft: $124 $124 Median rent Minneapolis, MN — Median rent: $1,721 $1,721 Toledo, OH — Median rent: $1,302 $1,302 Combined sales tax Minneapolis, MN — Combined sales tax: 8.1% 8.1% Toledo, OH — Combined sales tax: 7.2% 7.2% Property tax rate Minneapolis, MN — Property tax rate: 1.10% 1.10% Toledo, OH — Property tax rate: 1.61% 1.61% Violent crime /100k Minneapolis, MN — Violent crime /100k: 280 280 Toledo, OH — Violent crime /100k: 300 300 Electricity ¢/kWh Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Toledo, OH — Electricity ¢/kWh: 19.5 19.5 Avg commute (min) Minneapolis, MN — Avg commute (min): 25 25 Toledo, OH — Avg commute (min): 21 21 Avg summer high °F Minneapolis, MN — Avg summer high °F: 83° 83° Toledo, OH — Avg summer high °F: 85° 85° Avg winter low °F Minneapolis, MN — Avg winter low °F: 4° Toledo, OH — Avg winter low °F: 20° 20°

To keep the same standard of living as $100,000 in Minneapolis, MN, you'd need about $86,886 in Toledo, OH (−$13,114).

Livability — Minneapolis, MN: 54 · Toledo, OH: 73 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,285 sqft in Minneapolis vs 4,049 sqft in Toledo ($219 vs $124 per sqft).

Annual cost breakdown (at $100,000)

CategoryMinneapolis, MNToledo, OHDifference
Housing $20,652 $15,624 −$5,028
Groceries $5,227 $4,706 −$521
Transportation $3,375 $3,025 −$350
Utilities $1,776 $2,100 +$324
Insurance $2,200 $1,300 −$900
Taxes $16,345 $8,598 −$7,747
Total $49,575 $35,353 −$14,222

Side by side

MetricMinneapolis, MNToledo, OH
Cost-of-living index104.390.6
Unemployment rate3.90%5.95%
Population growth (5-yr)4.3%6.5%
Air quality (median AQI)4242
Big Mac price (est.)$5.93$5.16
Median home price$393,774$203,726
Home price ÷ income4.2×3.3×
1-yr home appreciation2.1%2.7%
Price per square foot$219$124
Median rent$1,721$1,302
Total tax burden (% income)12.1%10.0%
Combined sales tax8.10%7.24%
Capital gains tax9.85%3.50%
Property tax rate1.10%1.61%
Healthcare (annual)$6,800$6,400
Childcare (annual, infant)$16,000$10,000
Vehicle property tax1.58%None
Avg commute (min)2521
Home insurance / yr$2,200$1,300
Auto insurance / yr$1,600$1,300
Flood insurance / yr$600$600
Earthquake insurance / yr$100$100
Electricity ¢/kWh16.419.5
Gas $/gal3.153.25
Natural gas / mo$76$78
Water & sewer / mo$77$104
Home internet / mo$81$76
Violent crime /100k280300
Avg summer high °F8385
Avg winter low °F420
Annual precipitation (in)31.641.0
Annual snowfall (in)51.263.8
Sunshine (% possible)58%49%
Permit difficulty (1–5)32

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