Toledo, IA vs Walker, IA

Toledo, IA and Walker, IA have a very similar cost of living, with only a 3.7% difference in their overall index. Toledo scores 71 while Walker scores 69 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Toledo is $958/month compared to $783/month in Walker — a 22% difference. Interestingly, home values tell a different story: while Walker has cheaper rent, Toledo actually has lower median home values ($124,000 vs $162,100).

Median household income in Toledo is $56,719 compared to $80,556 in Walker (-29.6%). Walker 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 11.7% in Walker.

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