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Independence, OR vs Toledo, OR

112
Independence
Oregon
VS
+20.7%
93
Toledo
Oregon

There is a significant gap in the cost of living between these two cities. Toledo is 20.7% cheaper than Independence. With a cost index of 93 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Toledo to Independence should plan for substantially higher expenses across most categories.

On the housing front, median rent in Independence is $1,585/month compared to $1,063/month in Toledo — a 49% difference. Home values follow the same pattern: Toledo is more affordable at $293,100 median vs $345,200.

Median household income in Independence is $79,158 compared to $51,131 in Toledo (+54.8%). While Independence is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Independence spend roughly 24% of their income on rent, less than the 24.9% in Toledo.

Climate-wise, Independence is notably warmer with an average of 54.1°F compared to 50.6°F in Toledo. Toledo receives more rainfall at 67.3" per year compared to 40.1" in Independence.

Income & Cost

Cost of Living Index
Independence
112
Toledo
93
17% cheaper
Median Household Income
Independence
$79,158
35% higher
Toledo
$51,131

Housing

Median Rent
Independence
$1,585
Toledo
$1,063
33% cheaper
Median Home Value
Independence
$345,200
Toledo
$293,100
15% cheaper
Population
Independence
10,088
Toledo
3,547

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Independence $3.21
Toledo
US $3.07
🥚
Eggs (grade A, large)
Independence $2.62
Toledo
US $2.50
🥛
Milk (whole)
Independence $4.22
Toledo
US $4.03
🍞
Bread (white)
Independence $1.94
Toledo
US $1.85
🍗
Chicken breast
Independence $4.34
Toledo
US $4.14
Electricity
Independence $0.17
Toledo
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Independence 54.1°F
Toledo 50.6°F
Summer High
Independence 84°F
Toledo 64°F
Winter Low
Independence 36°F
Toledo 39°F
Rainfall
Independence 40.1"
Toledo 67.3"
Rainy Days
Independence 148d
Toledo 171d