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Toledo, IA vs University Park, IA

71
Toledo
Iowa
VS
+15.3%
62
University Park
Iowa

There is a significant gap in the cost of living between these two cities. University Park is 15.3% cheaper than Toledo. With a cost index of 62 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from University Park to Toledo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Toledo is $958/month compared to $731/month in University Park — a 31% difference. Home values follow the same pattern: University Park is more affordable at $92,700 median vs $124,000.

Median household income in Toledo is $56,719 compared to $65,815 in University Park (-13.8%). University Park offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Toledo spend roughly 20.3% of their income on rent, more than the 13.3% in University Park.

Climate-wise, University Park is notably warmer with an average of 50.7°F compared to 47.7°F in Toledo. University Park receives more rainfall at 37" per year compared to 32.8" in Toledo.

Income & Cost

Cost of Living Index
Toledo
71
University Park
62
13% cheaper
Median Household Income
Toledo
$56,719
University Park
$65,815
14% higher

Housing

Median Rent
Toledo
$958
University Park
$731
24% cheaper
Median Home Value
Toledo
$124,000
University Park
$92,700
25% cheaper
Population
Toledo
2,079
University Park
704

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Toledo 47.7°F
University Park 50.7°F
Summer High
Toledo 83°F
University Park 86°F
Winter Low
Toledo 10°F
University Park 14°F
Rainfall
Toledo 32.8"
University Park 37"
Rainy Days
Toledo 110d
University Park 109d