City comparison
Providence, RI vs Toledo, OH
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Providence, RI are 11.3% higher than in Toledo, OH. Someone earning $100,000 in Toledo, OH would need about $111,300 in Providence, RI to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,402 a month in Providence, RI versus $820 in Toledo, OH. On $100,000, that's 22% of take-home pay in Providence, RI and 13% in Toledo, OH.
- On $100,000, estimated state income tax is about $1,181 a year higher in Providence, RI than in Toledo, OH.
- For federal employees, locality pay changes a GS-13 step 1 salary by −11.7% moving from Providence, RI to Toledo, OH ($120,548 → $106,437), while prices change by −10.1%. Net effect of the transfer: −1.7% in real buying power.
- Providence, RI: price level 101.8 (about average)
- 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
| Providence, RI | Toledo, OH | |
|---|---|---|
| Price level (U.S. = 100)2 | 101.8 | 91.5 |
| $100,000 is worth, in the other city2 | $89,862 in Toledo | $111,282 in Providence |
| Typical 1-bedroom rent3 | $1,402/mo | $820/mo |
| Take-home on $100,00014,15,8 | $76,032 | $77,212 |
| State income tax on $100,000 (estimate)8 | $3,148 (RI) | $1,968 (OH) |
| Rent burden on $100,000 | 22% | 13% |
| Median pay, all jobs4 | $53,680 | $48,220 |
| Federal locality pay area7 | Boston-Worcester-Providence, MA-RI-NH-CT-ME-VT | Rest of U.S. |
Rent areas: Providence-Fall River, RI-MA HUD Metro FMR Area and Toledo, OH MSA. Metro areas: Providence-Warwick, RI-MA and Toledo, OH.
What costs more or less
| Price level (U.S. = 100) | Providence | Toledo |
|---|---|---|
| Housing (rent) | 103.9 | 67.3 |
| Goods | 97.1 | 93.6 |
| Utilities | 148.8 | 96.3 |
| Other services | 102.3 | 98.9 |
| Overall | 101.8 | 91.5 |
Moving with the same $100,000 salary
Providence, RI → Toledo, OH
Same pay goes further
Buying power +11.3%; rent takes 13% of take-home; state tax −$1,181/yr.
100 Strong offer
Toledo, OH → Providence, RI
Same pay buys less
Buying power −10.1%; rent takes 22% of take-home; state tax +$1,181/yr.
38 Weak offer
On the GS pay scale?
Providence, RI is in the Boston-Worcester-Providence, MA-RI-NH-CT-ME-VT pay area; Toledo, OH is in Rest of U.S.. The last column shows what a transfer from Providence, RI to Toledo, OH at the same grade and step does to real buying power.
| Grade5,2 | Providence, RI | Toledo, OH | Real change, Providence → Toledo |
|---|---|---|---|
| GS-9 step 1 | $69,905 | $61,722 | −1.7% |
| GS-11 step 1 | $84,579 | $74,678 | −1.7% |
| GS-12 step 1 | $101,375 | $89,508 | −1.7% |
| GS-13 step 1 | $120,548 | $106,437 | −1.7% |
| GS-14 step 1 | $142,452 | $125,776 | −1.7% |
Pay for common jobs
| Median annual pay4 | Providence, RI | Toledo, OH | Toledo pay in Providence dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $86,720 | $63,250 | $70,386 (−18.8%) |
| Software Developers | $130,690 | $104,360 | $116,134 (−11.1%) |
| Accountants and Auditors | $95,020 | $77,400 | $86,132 (−9.4%) |
| Registered Nurses | $99,880 | $81,050 | $90,194 (−9.7%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.