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Cost of Living in Toluca

Is it better to rent or buy in Toluca? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$69,875
$844/mo

Median in area: $844

$136,500

Median in area: $136,500

$27,300

If you Rent

🔑
$1,092 /mo
Base Rent$844
Est. Utilities$248
% of Income18.8%
Pre-tax Residual$4,731

If you Buy

🏠
$1,291 /mo
P&I (7.511%)$764
Taxes & Ins$279
Est. Utilities$248
% of Income22.2%
Pre-tax Residual$4,532

Cost of Living FAQs

Is it cheaper to rent or buy in Toluca?›

Based on median housing data, renting is currently more affordable on a monthly basis in Toluca. The estimated all-in monthly cost for renting is $1,092, while owning a median-priced home with a 20% down payment is roughly $1,291 per month (a difference of $199).

How much do utilities cost in Toluca?›

The average monthly utility cost (electricity and natural gas) for a typical home in Toluca is approximately $248. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Toluca?›

To comfortably afford the median rent and utilities in Toluca without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $43,680 per year.