Housing costs in Buffalo?
A typical home costs
$141,900, which is 58.0% less expensive than the national average of
$338,100 and 27.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Buffalo costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 16.3% cheaper than the state average of
$930.
Can I afford Buffalo?
To live comfortably in Buffalo, Iowa, a minimum annual income of
$27,360 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Buffalo?
Buffalo, IA offers an affordable cost of living compared to the national average. All necessities are reasonably priced and the median home value is $130,000. With an average household income of $48,769, residents can easily afford a comfortable lifestyle. Additionally, the low taxes in Buffalo makes it even more attractive to live here. Sales tax is at 7% while property tax averages around 0.95%. The overall cost of living in Buffalo is very reasonable and provides residents with a great balance between affordability and quality of life.