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Irving, IL vs Toledo, IL

52
Irving
Illinois
VS
-15%
61
Toledo
Illinois

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.

Income & Cost

Cost of Living Index
Irving
52
15% cheaper
Toledo
61
Median Household Income
Irving
$46,250
Toledo
$59,881
23% higher

Housing

Median Rent
Irving
$478
26% cheaper
Toledo
$650
Median Home Value
Irving
$44,600
52% cheaper
Toledo
$92,200
Population
Irving
407
Toledo
1,209

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Irving 54°F
Toledo 53.4°F
Summer High
Irving 87°F
Toledo 86°F
Winter Low
Irving 20°F
Toledo 20°F
Rainfall
Irving 38"
Toledo 36"
Rainy Days
Irving 115d
Toledo 108d