Buffalo, IL vs Toledo, IL

Buffalo is moderately more affordable than Toledo, with a 7.7% lower cost of living index. Buffalo scores 56 compared to 61 for Toledo, where the US average is 100. This difference means residents of Toledo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Buffalo is $475/month compared to $650/month in Toledo — a 27% difference. Interestingly, home values tell a different story: while Buffalo has cheaper rent, Toledo actually has lower median home values ($92,200 vs $122,400).

Median household income in Buffalo is $67,321 compared to $59,881 in Toledo (+12.4%). Buffalo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Buffalo spend roughly 8.5% of their income on rent, less than the 13% in Toledo.