CostIndexUSA

Mobile, AL vs Toledo, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableAL
Mobile
88.1
overall index
$1,250/mo rent
OH
Toledo
91.5
overall index
$1,150/mo rent

Mobile is slightly cheaper than Toledo — 3.9% lower overall cost of living.

To match an $80,000 salary in Mobile, you would need $83,100 in Toledo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+12.0%
Mobile
60.1
Toledo
67.3
🛒 Groceries2.9%
Mobile
96.4
Toledo
93.6
🚗 Transportation+2.4%
Mobile
101.5
Toledo
103.9
🏥 Healthcare+2.3%
Mobile
91.9
Toledo
94
Utilities+14.4%
Mobile
84.2
Toledo
96.3

Salary Equivalency Calculator

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

$
Equivalent salary in Toledo, OH
$83,100
$3,100 more needed in Toledo

Formula: salary × (91.5 ÷ 88.1) = salary × 1.0386. Based on BEA Regional Price Parities.

Housing Market

Mobile, AL

Median Home Price
$187,000
Median Monthly Rent
$1,250
Housing Index
60.1
Price-to-Rent Ratio
12.5×

Toledo, OH

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

Toledo has 12.0% higher housing costs compared to Mobile.

Income & Job Market

Mobile, AL

Median Household Income
$55,400
Per Capita Income
$31,600
Unemployment Rate
3.1%
Population
187,041
Top Industries
HealthcareManufacturingLogisticsMilitaryAerospace

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).

Mobile, AL
3.7×income-to-rent ratio

73% 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.