CostIndexUSA

Spartanburg, SC vs Toledo, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostSC
Spartanburg
91.1
overall index
$1,400/mo rent
OH
Toledo
91.5
overall index
$1,150/mo rent

Spartanburg and Toledo have nearly identical costs of living.

Category Breakdown

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

🏠 Housing1.0%
Spartanburg
68
Toledo
67.3
🛒 Groceries2.8%
Spartanburg
96.3
Toledo
93.6
🚗 Transportation+0.7%
Spartanburg
103.2
Toledo
103.9
🏥 Healthcare+0.6%
Spartanburg
93.4
Toledo
94
Utilities+9.1%
Spartanburg
88.3
Toledo
96.3

Salary Equivalency Calculator

Enter your current salary in Spartanburg 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 ÷ 91.1) = salary × 1.0044. Based on BEA Regional Price Parities.

Housing Market

Spartanburg, SC

Median Home Price
$272,000
Median Monthly Rent
$1,400
Housing Index
68
Price-to-Rent Ratio
16.2×

Toledo, OH

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

Spartanburg has 1.0% lower housing costs compared to Toledo.

Income & Job Market

Spartanburg, SC

Median Household Income
$61,200
Per Capita Income
$34,900
Unemployment Rate
4.2%
Population
38,732
Top Industries
ManufacturingHealthcareAutomotiveEducationRetail

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).

Spartanburg, SC
3.6×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.