Factors that influence moving costs from Toledo to Lexington
What to know before moving from Toledo to Lexington
Moving from Toledo to Lexington comes with exciting new opportunities โ but also higher living costs. Since Lexington is generally more expensive than Toledo, itโs important to plan ahead and budget carefully for the change.
Check out how the two cities compare so you know what to expect before you relocate:
Toledo | Lexington | |
---|---|---|
Average rent cost | $900 | $1,345 |
Average home value | $118,985 | $309,021 |
Average income (per capita) | $63,136 | $61,526 |
Cost of living (single person) | $1,830 | $3,100 |
Cost of living (family of 4) | $4,938 | $4,170 |
Unemployment rate | 6.7% | 4.3% |
Sales tax | 7.3% | 6.0% |
State income tax | 3.5% | 4.0% |
- Rent prices in Lexington are 49% higher than in Toledo, which means youโll have less money in your pocket each month.
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In terms of homeownership, youโll be able to get more for your money in Toledo.
Home prices in Lexington are 159.7% higher than in Toledo. - Income in Lexington is 2.6% lower than in Toledo, so you could earn less for doing the same job. The top employers in Lexington include A&W Restaurants, University of Kentucky, and Federal Prison Industries.
- Be sure to budget for higher bills in Lexington, since the cost of living for a single person in Lexington is 69.4% higher than in Toledo. This includes routine expenses like utilities, groceries, clothing, and transportation.
- The cost of living for a family in Lexington is 15.6% lower than in Toledo.
- The unemployment rate in Lexington is 35.82% lower than in Toledo.
- Youโll spend less on retail and restaurants in Lexington, since the cityโs sales taxes in Lexington are 17.81% lower than in Toledo.
- State income taxes in Lexington are 14.29% higher than in Toledo.
To put this in perspective, you would need around $5,081.97 in Lexington to maintain the same standard of life that you can have with $3,000.00 in Toledo.
How life is different in Toledo vs. Lexington
Lexington | Toledo | |
---|---|---|
Population | 320,347 | 270,871 |
AllTransit Transportation Performance Score | 4 | 3 |
Walkability score | 90 | 46 |
Bike friendliness score | 85 | 46 |
Crime Index | 50.88 | 67.44 |
Safety Index | 49.12 | 32.56 |
Air Quality | Good | Good |
- Lexington's population is about 18% greater than Toledo.
- Lexington's public transportation has a score of 4 out of 10 versus Toledo's lower score of 3.
- Lexington is more walkable than Toledo with a score of 90 out of 100 vs Toledo's 46 out of 100.
- With a score of 85 out of 100, Lexington is more bike-friendly than Toledo, which has a score of 46 out of 100. The higher a city's score, the more suited they are to safely accommodating cyclists.
- Lexington's crime rate is lower than Toledo with a score of 50.88 compared to Toledo's 67.44. This means that Lexington neighborhoods are safer than 50.88% of all U.S. neighborhoods, and Toledo neighborhoods are safer than 67.44%.
- Lexington is considered to be safer than Toledo with a safety index of 49.12 vs Toledo's 32.56.
- Air quality in Lexington is good, and in Toledo it's good.
Other things to consider for your Toledo vs. Lexington move
- Weather: Lexington has hot, humid summers and moderately cold winters with occasional mild periods
- HOA rules: To keep things running smoothly, make sure you're familiar with any HOA or community moving policies before the big day.
- Elevator reservation: Make sure to arrange elevator access in advance if your building requires reservations for moving.
- Truck parking permits: Make sure to look into local parking regulationsโsome areas require permits for large moving trucks.
- State licensing: Movers in Kentucky are licensed and regulated by the Kentucky Transportation Cabinet (KYTC) โ Division of Motor Carriers. Moving companies that operate within the state must carry adequate cargo insurance and file public tariffs detailing the services they offer and the cost for each. The KYTC can assist consumers with resolving disputes with movers, but only after a customer makes a formal written complaint. Ensure the company you choose is licensed to handle your move.
- State regulator: You can verify a Kentucky moving company\โs license by visiting the state'spublic utilities commission
- Moving permits: You wonโt need a moving permit in Kentucky, though it\โs smart to double-check any local parking restrictions ahead of your move.
- Change of address: To avoid missing any mail, we recommend submitting your USPS change of address form at least a week before your move. You can choose your official move date to make sure everything gets forwarded properly toLexington Start the process here.
- Moving company insurance: The amount and type of insurance movers must have depends on state regulations.Choose Released Value Protection for free, basic coverage from movers at 60 cents per pound. For comprehensive protection matching your items' full value, consult your moving company for alternative options or consider a third-party insurance provider.
- Moving checklist: Let our moving checklist guide you through the process and help ensure nothing slips through the cracks.
Where to live in Lexington
Now that youโve chosen "Horse Capital of the World" as your next home, here are a few of the best neighborhoods in Lexington to check out.
Best neighborhoods for singles
- Chevy Chase-Ashland Park
- Downtown Lexington
- Fairway-Liberty Heights
- Georgetown
- Mount Vernon-Hollywood-Montclair
Best neighborhoods for families
- Chevy Chase-Ashland Park
- Fairway-Liberty Heights
- Georgetown
- Paris
- Southland-Deerfield-Open Gates
Things to do in Lexington
After getting comfortable in your new Kentucky home, itโs time to see what Lexington is all about. Whether you're into food, art, nature, or nightlife โ thereโs plenty to check out:
- Arts and culture: Cultural attractions in Lexington include museums and art centers like the Kentucky Horse Park, Mary Todd Lincoln House, Ashland: The Henry Clay Estate, The Aviation Museum of Kentucky, and Explorium of Lexington.
- Outdoor recreation: The cityโs The Arboretum, Thoroughbred Park, Jacobson Park, and Masterson Station Park โ and more, offering great opportunities to hike, bike, or relax in nature.
- Sports: Nothing beats the thrill of cheering on the home team at an Lexington Legends (ALPB) and Lexington SC (USL League One) game.
FAQ
When is the best time to move from Toledo to Lexington?
Spring and fall are the ideal times to move from Toledo to Lexington. Youโll benefit from more comfortable weather and avoid the higher prices that come with peak moving season in Toledo.
When is the cheapest time to move from Toledo to Lexington?
Since spring and fall are the most popular times to move from Toledo to Lexington, moving in the winter could help you save money. Check out our guide on moving discounts for more tips.
How long does a move from Toledo to Lexington take?
The 283-mile journey from Toledo, OH to Lexington, KY typically takes one to four days. Some movers in Toledo offer expedited services if you're on a tight schedule, and if you need extra time, be sure to ask about storage options in Lexington.