City comparison
Miami, FL vs Toledo, OH
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Miami, FL are 24.8% higher than in Toledo, OH. Someone earning $100,000 in Toledo, OH would need about $124,800 in Miami, FL to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,995 a month in Miami, FL versus $820 in Toledo, OH. On $100,000, that's 30% of take-home pay in Miami, 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 Miami, FL.
- For federal employees, locality pay changes a GS-13 step 1 salary by −6.1% moving from Miami, FL to Toledo, OH ($113,356 → $106,437), while prices change by −19.9%. Net effect of the transfer: +17.2% in real buying power.
- Miami, FL: price level 114.2 (much pricier)
- 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
| Miami, FL | Toledo, OH | |
|---|---|---|
| Price level (U.S. = 100)2 | 114.2 | 91.5 |
| $100,000 is worth, in the other city2 | $80,115 in Toledo | $124,821 in Miami |
| Typical 1-bedroom rent3 | $1,995/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 | 30% | 13% |
| Median pay, all jobs4 | $48,640 | $48,220 |
| Federal locality pay area7 | Miami-Port St. Lucie-Fort Lauderdale, FL | Rest of U.S. |
Rent areas: Miami-Miami Beach-Kendall, FL HUD Metro FMR Area and Toledo, OH MSA. Metro areas: Miami-Fort Lauderdale-West Palm Beach, FL and Toledo, OH.
What costs more or less
| Price level (U.S. = 100) | Miami | Toledo |
|---|---|---|
| Housing (rent) | 155.6 | 67.3 |
| Goods | 103.6 | 93.6 |
| Utilities | 97.2 | 96.3 |
| Other services | 109.1 | 98.9 |
| Overall | 114.2 | 91.5 |
Moving with the same $100,000 salary
Miami, FL → Toledo, OH
Same pay goes further
Buying power +24.8%; rent takes 13% of take-home; state tax +$1,968/yr.
100 Strong offer
Toledo, OH → Miami, FL
Same pay buys less
Buying power −19.9%; rent takes 30% of take-home; state tax −$1,968/yr.
30 Weak offer
On the GS pay scale?
Miami, FL is in the Miami-Port St. Lucie-Fort Lauderdale, FL pay area; Toledo, OH is in Rest of U.S.. The last column shows what a transfer from Miami, FL to Toledo, OH at the same grade and step does to real buying power.
| Grade5,2 | Miami, FL | Toledo, OH | Real change, Miami → Toledo |
|---|---|---|---|
| GS-9 step 1 | $65,735 | $61,722 | +17.2% |
| GS-11 step 1 | $79,533 | $74,678 | +17.2% |
| GS-12 step 1 | $95,326 | $89,508 | +17.2% |
| GS-13 step 1 | $113,356 | $106,437 | +17.2% |
| GS-14 step 1 | $133,953 | $125,776 | +17.2% |
Pay for common jobs
| Median annual pay4 | Miami, FL | Toledo, OH | Toledo pay in Miami dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $58,300 | $63,250 | $78,949 (+35.4%) |
| Software Developers | $132,650 | $104,360 | $130,263 (−1.8%) |
| Accountants and Auditors | $80,920 | $77,400 | $96,611 (+19.4%) |
| Registered Nurses | $91,380 | $81,050 | $101,167 (+10.7%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.