Oxford, IA vs Toledo, IA

Toledo is moderately more affordable than Oxford, with a 7.8% lower cost of living index. Oxford scores 77 compared to 71 for Toledo, where the US average is 100. This difference means residents of Oxford can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Oxford is $917/month compared to $958/month in Toledo — a 4% difference. Interestingly, home values tell a different story: while Oxford has cheaper rent, Toledo actually has lower median home values ($124,000 vs $202,200).

Median household income in Oxford is $73,869 compared to $56,719 in Toledo (+30.2%). While Oxford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oxford spend roughly 14.9% of their income on rent, less than the 20.3% in Toledo.

Climate-wise, both cities share similar average temperatures (48.3°F vs 47.7°F). Oxford receives more rainfall at 35.9" per year compared to 32.8" in Toledo.