Dexter, IA vs Toledo, IA

Dexter, IA and Toledo, IA have a very similar cost of living, with only a 0.8% difference in their overall index. Dexter scores 72 while Toledo scores 71 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 Dexter is $867/month compared to $958/month in Toledo — a 10% difference. Interestingly, home values tell a different story: while Dexter has cheaper rent, Toledo actually has lower median home values ($124,000 vs $157,200).

Median household income in Dexter is $83,214 compared to $56,719 in Toledo (+46.7%). While Dexter is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dexter spend roughly 12.5% of their income on rent, less than the 20.3% in Toledo.