CostIndexUSA

Bismarck, ND vs Toledo, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostND
Bismarck
91
overall index
$1,300/mo rent
OH
Toledo
91.5
overall index
$1,150/mo rent

Bismarck and Toledo have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing19.9%
Bismarck
84
Toledo
67.3
🛒 Groceries2.2%
Bismarck
95.7
Toledo
93.6
🚗 Transportation+8.6%
Bismarck
95.7
Toledo
103.9
🏥 Healthcare+8.5%
Bismarck
86.6
Toledo
94
Utilities+28.4%
Bismarck
75
Toledo
96.3

Salary Equivalency Calculator

Enter your current salary in Bismarck to see what you'd need to earn in Toledo to maintain the same purchasing power.

$
Equivalent salary in Toledo, OH
$80,400
$400 more needed in Toledo

Formula: salary × (91.5 ÷ 91) = salary × 1.0055. Based on BEA Regional Price Parities.

Housing Market

Bismarck, ND

Median Home Price
$339,000
Median Monthly Rent
$1,300
Housing Index
84
Price-to-Rent Ratio
21.7×

Toledo, OH

Median Home Price
$190,000
Median Monthly Rent
$1,150
Housing Index
67.3
Price-to-Rent Ratio
13.8×

Bismarck has 19.9% lower housing costs compared to Toledo.

Income & Job Market

Bismarck, ND

Median Household Income
$83,400
Per Capita Income
$47,500
Unemployment Rate
1.9%
Population
73,529
Top Industries
GovernmentEnergyHealthcareFinanceAgriculture

Toledo, OH

Median Household Income
$63,100
Per Capita Income
$36,000
Unemployment Rate
5.1%
Population
270,871
Top Industries
ManufacturingHealthcareGovernmentRetailEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bismarck, ND
5.3×income-to-rent ratio

81% of income left after rent (median)

Toledo, OH
4.6×income-to-rent ratio

78% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.