Silverton, OR vs Toledo, OR
There is a significant gap in the cost of living between these two cities. Toledo is 27.6% cheaper than Silverton. With a cost index of 93 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Toledo to Silverton should plan for substantially higher expenses across most categories.
On the housing front, median rent in Silverton is $1,479/month compared to $1,063/month in Toledo — a 39% difference. Home values follow the same pattern: Toledo is more affordable at $293,100 median vs $461,800.
Median household income in Silverton is $74,286 compared to $51,131 in Toledo (+45.3%). While Silverton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Silverton spend roughly 23.9% of their income on rent, less than the 24.9% in Toledo.
Climate-wise, Silverton 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 Silverton.
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NOAA 30-year normals (1991-2020)