Hubbard, IA vs Toledo, IA
There is a significant gap in the cost of living between these two cities. Hubbard is 16.9% cheaper than Toledo. With a cost index of 59 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hubbard to Toledo should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hubbard is $638/month compared to $958/month in Toledo — a 33% difference. Home values follow the same pattern: Hubbard is more affordable at $96,100 median vs $124,000.
Median household income in Hubbard is $68,690 compared to $56,719 in Toledo (+21.1%). Hubbard offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hubbard spend roughly 11.1% of their income on rent, less than the 20.3% in Toledo.
Climate-wise, both cities share similar average temperatures (47.7°F vs 47.7°F). Toledo receives more rainfall at 32.8" per year compared to 32.8" in Hubbard.
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Housing
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Climate
NOAA 30-year normals (1991-2020)