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Source-led head-to-head · 2024 ACS

Moving from Toledo to New York

Based on the 2024 ACS 5-year estimates, Toledo, Ohio, and New York, New York, offer starkly contrasting urban environments and financial trade-offs. Toledo features a population of 267,463 with a median household income of $49,724, an accessible median owner-occupied home value of $114,500, a median gross rent of $901 per month, and a derived one-way commute of 21 minutes. Conversely, New York hosts 8,483,844 residents with a higher median household income of $80,483, but demands substantially higher housing costs, reflecting a median gross rent of $1,821 per month and a median home value of $777,600, alongside a 44-minute one-way commute. Furthermore, New York incorporates a simplified state individual income-tax reference of 5.50%, whereas Toledo's state tax is excluded due to a lack of current approved references. Neither city profile establishes neighborhood safety, schools, weather, insurance, or job quality.

Corridor Direction & Trade-off Delta

Moving from Toledo to New York

⇄ Switch to New YorkToledo
Median Rent Impact
+$920/mo

Moving to New York costs ~$11,040 more/yr in rent.

State Tax Treatment
+5.5%

~$5,500 more state tax on a $100k salary in New York.

Daily Commute Difference
+23 min / day

Difference of ~192 hours per year spent commuting based on 2024 ACS midpoint averages.

Your move

Compare the life behind the offer.

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What matters most?

Directional estimate using ACS citywide benchmarks. Verified profiles may include a simplified state-tax reference; automatically added profiles exclude state tax until an official reference is approved. Exact tax, benefits, debt, housing, insurance, and personal circumstances may materially change the result.

LIVE VERDICTTOLNYC
32/ 100

The offer needs work

The destination absorbs more of the offer.
Estimated annual life delta$4,816after essentials; unverified state tax excluded
Take-home$69,208$75,432
Core costs$25,812$36,852
Commute time180 hours lost
Best gainThe deepest employment market and largest-city scale in the reviewed cohort
Watch closelyThe cohort's longest commute estimate plus a separate New York City resident income tax
See assumptions and methodology →
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The short answer

In the uniform one-person renting baseline, Toledo is about $11,040 lower per year. This is not a verdict by itself: replace city medians with the actual offer, address, household, benefits, insurance, and tax details before deciding.

Toledo household income$49,724
New York household income$80,483
Toledo gross rent$901
New York gross rent$1,821

Housing, income, and tax reference

MetricToledoNew York
2024 ACS population267,4638,483,844
Median household income$49,724$80,483
Median gross rent$901$1,821
Median owner-occupied home value$114,500$777,600
State-tax treatmentExcluded5.5% simplified
Salary & Affordability Benchmark

How much do you need to earn to live in New York?

2024 ACS Median Income

$80,483/yr

30% Rule for RentRecommended
$72,840 / year

To afford New York's median gross rent of $1,821/mo at or below 30% of gross earnings, a household needs approximately $35.02/hour (full-time).

28% Rule for HomeownershipMedian Home
$197,186 / year

Modeled against New York's median home benchmark of $777,600 (estimated $4,601/mo ownership carrying cost at typical 7.1% baseline).

Slide to test your income against local rent, taxes, and essentials.
$80,483gross/year
Affordability Status:Balanced
Rent is 27% of gross income (40% of net pay)

Rent aligns with the standard 30% rule (27% of gross pay). Standard budgeting applies.

Monthly Budget AllocationEstimated Net Take-Home: $4,517/mo
Tax 33%
Rent 27%
Essentials 19%
Savings 21%
Taxes: $2,213/mo Rent: $1,821/mo Essentials: $1,250/mo Discretionary Margin: $1,446/mo

Time and daily routine

The commute-time distribution produces a weighted one-way estimate of about 21 minutes in Toledo and 44 minutes in New York. This citywide estimate cannot capture a specific route, remote-work schedule, or transit choice, so the calculator converts it into an explicit time difference instead of hiding it in a subjective lifestyle score.

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Decision checklist

  • Median household income differences
  • Median gross rent comparisons
  • Owner-occupied home value gaps
  • Derived one-way commute times

What each city wins

Toledo

Rent consumes ~22% of median income, below typical affordability benchmarks.. Watch lower housing costs may reflect tradeoffs in job access, services, or neighborhood conditions not measured in citywide acs data..

New York

The deepest employment market and largest-city scale in the reviewed cohort. Watch the cohort's longest commute estimate plus a separate new york city resident income tax.

Frequently asked questions

How do the populations of Toledo and New York compare according to the 2024 ACS data?

According to the 2024 ACS 5-year estimates, Toledo has a population of 267,463, while New York is significantly larger with 8,483,844 residents.

What are the housing cost differences between Toledo and New York?

The 2024 ACS data shows Toledo has a median gross rent of $901 and a home value of $114,500, whereas New York reports a median gross rent of $1,821 and a home value of $777,600.

Source boundary: Core figures come from the 2024 ACS five-year tables linked on each city profile. Commute is derived from B08303 midpoint weighting. A state-tax value without an approved official reference is excluded and disclosed. This comparison becomes index-eligible only after its unique analysis clears the content quality gate.

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