Is Lincoln, NE cheaper than Toledo, OH?

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

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

If you earn $150,000 in Toledo, OH, you'd need approximately $150,431.987 in Lincoln, NE to maintain the same standard of living.

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

Housing in Lincoln, NE is 31.2% more expensive than in Toledo, OH. For a two-bedroom apartment, rent is $1,230/month in Lincoln, NE compared to $1,075/month in Toledo, OH.

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

Toledo, OH and Lincoln, NE have very similar costs of living, based on a $150,000 salary.

Toledo, OH vs Lincoln, NE: 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 Toledo, OH

Numbers update automatically as you type

You'd spend $36.00/month more in Lincoln, NE

$150.0K in your current city equals $150.4K in Lincoln, NE

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

Overall Cost

↑ 0.5%

More expensive

Monthly Impact

$36.00

Extra cost

Annual Impact

$432

Per year

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

Toledo, OH

Population:265K

Cost Index:

100

100 = national average

Median Home:$130K

Lincoln, NE

Population:295K

Cost Index:

100

(0% above avg)

Median Home:$274K

Toledo, OH

The Buckeye State

265K

Population

State Tax

Yes

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

Lincoln, NE

The Cornhusker State

295K

Population

State Tax

Yes

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

Cost Breakdown by Category

Annual spending: Toledo, OH vs Lincoln, NE

Category	Toledo, OH	Lincoln, NE	Difference	Change
Housing	$1,605/mo	$2,105/mo	↑ $500more	31.2%
Transportation	$1,617/mo	$1,243/mo	↓ $374less	23.1%
Other	$1,723/mo	$1,574/mo	↓ $149less	8.7%
Healthcare	$572/mo	$682/mo	↑ $110more	19.2%
All Utilities	$565/mo	$470/mo	↓ $95.49less	16.9%
Groceries	$963/mo	$949/mo	↓ $13.74less	1.4%

Housing

↑ 31.2%

Toledo, OH

$1,605

Lincoln, NE

$2,105

Difference

$500

Transportation

↓ 23.1%

Toledo, OH

$1,617

Lincoln, NE

$1,243

Difference

$374

less

Other

↓ 8.7%

Toledo, OH

$1,723

Lincoln, NE

$1,574

Difference

$149

less

Healthcare

↑ 19.2%

Toledo, OH

$572

Lincoln, NE

$682

Difference

$110

All Utilities

↓ 16.9%

Toledo, OH

$565

Lincoln, NE

$470

Difference

$95.49

less

Groceries

↓ 1.4%

Toledo, OH

$963

Lincoln, NE

$949

Difference

$13.74

less

🏛️ 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$772

To$920

↑ $148

1 Bed

From$818

To$1,000

↑ $182

2 Bed

From$1,075

To$1,230

↑ $155

3 Bed

From$1,379

To$1,705

↑ $326

Toledo, OHZIP-level data

1BR range: $740–$930/mo

Lincoln, NEZIP-level data

1BR range: $820–$1,350/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.

$7,045

Monthly in Toledo, OH

$7,022

Monthly in Lincoln, NE

$22.26

Difference

Home Values

Toledo

Lincoln

$130K

Median Value

$274K

↑ +5.6%

YoY Change

↑ +3.8%

↑ +41%

5-Year Change

↑ +36%

$47K - $314K

Price Range

$194K - $575K

Homes in Lincoln are 112% more expensive than Toledo

Calculate payment - Toledo Calculate payment - Lincoln

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $4.9K

More taxes

Monthly Difference

$409

Less take-home

Effective Rate Diff

3.3%

Rate difference

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

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

Additional Tax Information

Toledo, OH Tax Rates

Sales Tax:7.2%

Property Tax:1.6%

Lincoln, NE Tax Rates

Sales Tax:7.0%

Property Tax:1.8%

💡 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.