Caldwell, OH vs Toronto, OH
Caldwell, OH and Toronto, OH have a very similar cost of living, with only a 0% difference in their overall index. Caldwell scores 60 while Toronto scores 60 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Caldwell is $608/month compared to $673/month in Toronto — a 10% difference. Interestingly, home values tell a different story: while Caldwell has cheaper rent, Toronto actually has lower median home values ($102,800 vs $114,000).
Median household income in Caldwell is $49,032 compared to $47,202 in Toronto (+3.9%). While Caldwell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caldwell spend roughly 14.9% of their income on rent, less than the 17.1% in Toronto.
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