City comparison
Lakeland, FL vs Toledo, OH
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Lakeland, FL are 6.2% higher than in Toledo, OH. Someone earning $100,000 in Toledo, OH would need about $106,200 in Lakeland, FL to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,230 a month in Lakeland, FL versus $820 in Toledo, OH. On $100,000, that's 19% of take-home pay in Lakeland, FL and 13% in Toledo, OH.
- On $100,000, estimated state income tax is about $1,968 a year higher in Toledo, OH than in Lakeland, FL.
- Both cities are in the same federal pay area (Rest of U.S.), so a GS-13 step 1 earns $106,437 in either. A transfer from Lakeland, FL to Toledo, OH changes real buying power by +6.2%, purely from prices.
- Lakeland, FL: price level 97.1 (cheaper)
- Toledo, OH: price level 91.5 (much cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Lakeland, FL | Toledo, OH | |
|---|---|---|
| Price level (U.S. = 100)2 | 97.1 | 91.5 |
| $100,000 is worth, in the other city2 | $94,147 in Toledo | $106,217 in Lakeland |
| Typical 1-bedroom rent3 | $1,230/mo | $820/mo |
| Take-home on $100,00014,15,8 | $79,180 | $77,212 |
| State income tax on $100,000 (estimate)8 | $0 (FL) | $1,968 (OH) |
| Rent burden on $100,000 | 19% | 13% |
| Median pay, all jobs4 | $46,140 | $48,220 |
| Federal locality pay area7 | Rest of U.S. | Rest of U.S. |
Rent areas: Lakeland-Winter Haven, FL MSA and Toledo, OH MSA. Metro areas: Lakeland-Winter Haven, FL and Toledo, OH.
What costs more or less
| Price level (U.S. = 100) | Lakeland | Toledo |
|---|---|---|
| Housing (rent) | 95.9 | 67.3 |
| Goods | 96.2 | 93.6 |
| Utilities | 86.9 | 96.3 |
| Other services | 98.9 | 98.9 |
| Overall | 97.1 | 91.5 |
Moving with the same $100,000 salary
Lakeland, FL → Toledo, OH
Same pay goes further
Buying power +6.2%; rent takes 13% of take-home; state tax +$1,968/yr.
88 Strong offer
Toledo, OH → Lakeland, FL
Same pay buys less
Buying power −5.9%; rent takes 19% of take-home; state tax −$1,968/yr.
50 Fair offer
On the GS pay scale?
Both metros are in the Rest of U.S. locality pay area, so GS salaries are identical. The last column shows what a transfer from Lakeland, FL to Toledo, OH at the same grade and step does to real buying power.
| Grade5,2 | Lakeland, FL | Toledo, OH | Real change, Lakeland → Toledo |
|---|---|---|---|
| GS-9 step 1 | $61,722 | $61,722 | +6.2% |
| GS-11 step 1 | $74,678 | $74,678 | +6.2% |
| GS-12 step 1 | $89,508 | $89,508 | +6.2% |
| GS-13 step 1 | $106,437 | $106,437 | +6.2% |
| GS-14 step 1 | $125,776 | $125,776 | +6.2% |
Pay for common jobs
| Median annual pay4 | Lakeland, FL | Toledo, OH | Toledo pay in Lakeland dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $50,420 | $63,250 | $67,182 (+33.2%) |
| Software Developers | $122,200 | $104,360 | $110,848 (−9.3%) |
| Accountants and Auditors | $76,820 | $77,400 | $82,212 (+7.0%) |
| Registered Nurses | $84,030 | $81,050 | $86,089 (+2.5%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.