Buffalo, WY is a small city in the US with a population of about 5,170 people. The cost of living in Buffalo is much lower than that of most US cities; 2 bedroom rent averages at $860 compared to the national average of $1,430. Similarly the grocery cost index in Buffalo is 102 versus 100 nationally. This makes it an attractive and affordable place for many people to live. Local companies include Sweetwater County Library, Johnson County School District #1 and Thompson Tractor Company.
Buffalo has an unemployment rate of 5.9%. The US average is 6.0%.
Buffalo has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Buffalo
- The Sales Tax Rate for Buffalo is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Buffalo is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Buffalo
- The average income of a Buffalo resident is $26,670 a year. The US average is $28,555 a year.
- The Median household income of a Buffalo resident is $51,111 a year. The US average is $69,021 a year.