Housing costs in Buffalo?
A typical home costs
$300,600, which is 11.1% less expensive than the national average of
$338,100 and 27.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Buffalo costs
$1,010 per month, which is 48.5% cheaper than the national average of
$1,960 and 5.9% cheaper than the state average of
$1,070.
Can I afford Buffalo?
To live comfortably in Buffalo (zip 14201), New York, a minimum annual income of
$57,600 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Buffalo?
The cost of living in 14201 Buffalo, NY is quite affordable compared to other large cities. The median home value in the area is $89,600, which is far below the national average of $184,700. Additionally, groceries and other essential items are relatively cheaper than in other major cities. Rent prices also tend to be more reasonable; a one bedroom apartment can range from $670 to $900 on average. Overall, Buffalo provides a great quality of life for those who want an urban lifestyle without breaking the bank.