City comparison
Chicago, IL vs Toledo, OH
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Chicago, IL are 13.3% higher than in Toledo, OH. Someone earning $100,000 in Toledo, OH would need about $113,300 in Chicago, IL to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,581 a month in Chicago, IL versus $820 in Toledo, OH. On $100,000, that's 26% of take-home pay in Chicago, IL and 13% in Toledo, OH.
- On $100,000, estimated state income tax is about $2,838 a year higher in Chicago, IL than in Toledo, OH.
- For federal employees, locality pay changes a GS-13 step 1 salary by −10.5% moving from Chicago, IL to Toledo, OH ($118,984 → $106,437), while prices change by −11.7%. Net effect of the transfer: +1.3% in real buying power.
- Chicago, IL: price level 103.6 (pricier)
- Toledo, OH: price level 91.5 (much cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Chicago, IL | Toledo, OH | |
|---|---|---|
| Price level (U.S. = 100)2 | 103.6 | 91.5 |
| $100,000 is worth, in the other city2 | $88,281 in Toledo | $113,274 in Chicago |
| Typical 1-bedroom rent3 | $1,581/mo | $820/mo |
| Take-home on $100,00014,15,8 | $74,375 | $77,212 |
| State income tax on $100,000 (estimate)8 | $4,805 (IL) | $1,968 (OH) |
| Rent burden on $100,000 | 26% | 13% |
| Median pay, all jobs4 | $54,720 | $48,220 |
| Federal locality pay area7 | Chicago-Naperville, IL-IN-WI | Rest of U.S. |
Rent areas: Chicago-Joliet-Naperville, IL HUD Metro FMR Area and Toledo, OH MSA. Metro areas: Chicago-Naperville-Elgin, IL-IN and Toledo, OH.
What costs more or less
| Price level (U.S. = 100) | Chicago | Toledo |
|---|---|---|
| Housing (rent) | 112.0 | 67.3 |
| Goods | 107.3 | 93.6 |
| Utilities | 83.6 | 96.3 |
| Other services | 100.5 | 98.9 |
| Overall | 103.6 | 91.5 |
Moving with the same $100,000 salary
Chicago, IL → Toledo, OH
Same pay goes further
Buying power +13.3%; rent takes 13% of take-home; state tax −$2,838/yr.
100 Strong offer
Toledo, OH → Chicago, IL
Same pay buys less
Buying power −11.7%; rent takes 26% of take-home; state tax +$2,838/yr.
37 Weak offer
On the GS pay scale?
Chicago, IL is in the Chicago-Naperville, IL-IN-WI pay area; Toledo, OH is in Rest of U.S.. The last column shows what a transfer from Chicago, IL to Toledo, OH at the same grade and step does to real buying power.
| Grade5,2 | Chicago, IL | Toledo, OH | Real change, Chicago → Toledo |
|---|---|---|---|
| GS-9 step 1 | $68,999 | $61,722 | +1.3% |
| GS-11 step 1 | $83,482 | $74,678 | +1.3% |
| GS-12 step 1 | $100,059 | $89,508 | +1.3% |
| GS-13 step 1 | $118,984 | $106,437 | +1.3% |
| GS-14 step 1 | $140,604 | $125,776 | +1.3% |
Pay for common jobs
| Median annual pay4 | Chicago, IL | Toledo, OH | Toledo pay in Chicago dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $78,390 | $63,250 | $71,646 (−8.6%) |
| Software Developers | $134,380 | $104,360 | $118,213 (−12.0%) |
| Accountants and Auditors | $82,360 | $77,400 | $87,674 (+6.5%) |
| Registered Nurses | $100,490 | $81,050 | $91,809 (−8.6%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.