Zip 14304 (Niagara Falls, NY) Cost of Living


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Niagara Falls cost of living score
87
Less expensive
13.0% lower
than the US average
28.4% lower
than the New York average
Niagara Falls (zip 14304), New York gets a BestPlaces Cost of Living score of 87, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% lower than the U.S. average and 28.4% lower than the average for New York.

Zip 14304 (Niagara Falls, NY)

Housing costs in Niagara Falls?
A typical home costs $161,600, which is 52.2% less expensive than the national average of $338,100 and 60.9% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Niagara Falls costs $960 per month, which is 51.0% cheaper than the national average of $1,960 and 11.5% cheaper than the state average of $1,070.

Can I afford Niagara Falls?
To live comfortably in Niagara Falls (zip 14304), New York, a minimum annual income of $30,960 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Niagara Falls?
The cost of living in 14304 Niagara Falls, NY is relatively affordable when compared to the national average. The median home price in the area is around $85,000 and the median monthly rent comes to approximately $1,100. Groceries and other everyday items can be purchased at a reasonable cost in supermarkets or local stores, while utilities are on par with the national average. Additionally, there are plenty of restaurants, cafes and entertainment venues that offer excellent value for money. Overall, Niagara Falls offers an attractive balance between affordability and quality of life.
   Cost of living score
     CategoriesNiagara FallsNew YorkUnited States
  87.0121.5100.0
  98103.8100
  104.7120.7100.0
  53.3127.9100.0
  $161,600$413,600$338,100
  109.2%115.9%100.0%
  83.1140.7100.0
  112.3121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime