Irving, IL vs Toledo, IL
There is a significant gap in the cost of living between these two cities. Irving is 15% cheaper than Toledo. With a cost index of 52 vs 61, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Irving to Toledo should plan for substantially higher expenses across most categories.
On the housing front, median rent in Irving is $478/month compared to $650/month in Toledo — a 27% difference. Home values follow the same pattern: Irving is more affordable at $44,600 median vs $92,200.
Median household income in Irving is $46,250 compared to $59,881 in Toledo (-22.8%). While Toledo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Irving spend roughly 12.4% of their income on rent, less than the 13% in Toledo.
Climate-wise, both cities share similar average temperatures (54°F vs 53.4°F). Irving receives more rainfall at 38" per year compared to 36" in Toledo.
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Housing
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Climate
NOAA 30-year normals (1991-2020)