Is Toledo, OH cheaper than Lincoln, NE?

Based on cost of living data, Toledo, OH is 0.5% cheaper than Lincoln, NE. The two cities have very similar living costs.

What salary do I need in Toledo, OH to live like I do in Lincoln, NE?

If you earn $150,000 in Lincoln, NE, you'd need approximately $149,570.077 in Toledo, OH to maintain the same standard of living.

How does housing cost compare between Lincoln, NE and Toledo, OH?

Housing in Toledo, OH is 23.8% cheaper than in Lincoln, NE. For a two-bedroom apartment, rent is $1,075/month in Toledo, OH compared to $1,230/month in Lincoln, NE.

How much can I save per month by moving from Lincoln, NE to Toledo, OH?

Moving from Lincoln, NE to Toledo, OH could save you approximately $36 per month, or $430 per year, based on a $150,000 salary.

Lincoln, NE vs Toledo, OH: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Lincoln, NE

Numbers update automatically as you type

You'd save $35.83/month moving to Toledo, OH

$150.0K in your current city equals $149.6K in Toledo, OH

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↓ 0.5%

Less expensive

Monthly Impact

$35.83

Savings

Annual Impact

$430

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Lincoln, NE

Population:295K

Cost Index:

100

100 = national average

Median Home:$274K

Toledo, OH

Population:265K

Cost Index:

100

(0% below avg)

Median Home:$130K

Lincoln, NE

The Cornhusker State

295K

Population

State Tax

Yes

Located in Nebraska, this city has a population of 295K residents.

Toledo, OH

The Buckeye State

265K

Population

State Tax

Yes

Located in Ohio, this city has a population of 265K residents.

Cost Breakdown by Category

Annual spending: Lincoln, NE vs Toledo, OH

Category	Lincoln, NE	Toledo, OH	Difference	Change
Housing	$2,105/mo	$1,605/mo	↓ $500less	23.8%
Transportation	$1,243/mo	$1,617/mo	↑ $374more	30.1%
Other	$1,574/mo	$1,723/mo	↑ $149more	9.5%
Healthcare	$682/mo	$572/mo	↓ $110less	16.1%
All Utilities	$470/mo	$565/mo	↑ $95.49more	20.3%
Groceries	$949/mo	$963/mo	↑ $13.74more	1.4%

Housing

↓ 23.8%

Lincoln, NE

$2,105

Toledo, OH

$1,605

Difference

$500

less

Transportation

↑ 30.1%

Lincoln, NE

$1,243

Toledo, OH

$1,617

Difference

$374

Other

↑ 9.5%

Lincoln, NE

$1,574

Toledo, OH

$1,723

Difference

$149

Healthcare

↓ 16.1%

Lincoln, NE

$682

Toledo, OH

$572

Difference

$110

less

All Utilities

↑ 20.3%

Lincoln, NE

$470

Toledo, OH

$565

Difference

$95.49

Groceries

↑ 1.4%

Lincoln, NE

$949

Toledo, OH

$963

Difference

$13.74

🏛️ Local Income Taxes

Toledo, OH: Toledo Municipal Income Tax$3,750/yr (2.5%)

Lincoln, NE has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$920

To$772

↓ $148

1 Bed

From$1,000

To$818

↓ $182

2 Bed

From$1,230

To$1,075

↓ $155

3 Bed

From$1,705

To$1,379

↓ $326

Lincoln, NEZIP-level data

1BR range: $820–$1,350/mo

Toledo, OHZIP-level data

1BR range: $740–$930/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,022

Monthly in Lincoln, NE

$7,045

Monthly in Toledo, OH

$22.26

Difference

Home Values

Lincoln

Toledo

$274K

Median Value

$130K

↑ +3.8%

YoY Change

↑ +5.6%

↑ +36%

5-Year Change

↑ +41%

$194K - $575K

Price Range

$47K - $314K

Homes in Toledo are 53% less expensive than Lincoln

Calculate payment - Lincoln Calculate payment - Toledo

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $4.9K

Per year

Monthly Difference

$409

More take-home

Effective Rate Diff

3.3%

Rate difference

Lincoln, NE

Federal Income Tax

Effective: 18.9%

$25.5K

Nebraska State Tax

Effective: 6.2%

$9.3K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 30.9%

$46.3K

Take-Home Pay

$8,638/month

$103.7K

Toledo, OH

Federal Income Tax

Effective: 18.9%

$25.5K

Ohio State Tax

Effective: 3.0%

$4.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 27.6%

$41.4K

Take-Home Pay

$9,047/month

$108.6K

Additional Tax Information

Lincoln, NE Tax Rates

Sales Tax:7.0%

Property Tax:1.8%

Toledo, OH Tax Rates

Sales Tax:7.2%

Property Tax:1.6%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.