Housing costs in Buffalo?
A typical home costs
$145,000, which is 57.1% less expensive than the national average of
$338,100 and 34.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Buffalo costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 11.4% cheaper than the state average of
$980.
Can I afford Buffalo?
To live comfortably in Buffalo, Indiana, a minimum annual income of
$27,720 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Buffalo?
The cost of living in Buffalo, IN is relatively low compared to other areas in the country. The median home value is around $125,000, which is lower than the national average. Additionally, the median rental price is only around $800 per month, making it an affordable option for those looking for a place to live. Grocery and utility bills are also cheaper than many other cities, giving residents more money to put towards other expenses. Finally, transportation costs are generally lower in Buffalo due to its proximity to several major highways and its close proximity to Chicago and Indianapolis. All in all, living in Buffalo can be very affordable for those looking for a great quality of life without breaking the bank.