Housing costs in Buffalo?
A typical home costs
$163,000, which is 51.8% less expensive than the national average of
$338,100 and 60.6% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Buffalo costs
$1,530 per month, which is 21.9% cheaper than the national average of
$1,960 and 30.1% more than the state average of
$1,070.
Can I afford Buffalo?
To live comfortably in Buffalo (zip 14203), New York, a minimum annual income of
$31,320 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about Buffalo?
The cost of living in the 14203 zip code of Buffalo, NY is quite reasonable compared to other parts of the U.S. The overall cost of living index for this area is at 92.9, which is 8.1% lower than the national average. Housing costs are particularly attractive here, with a median home value of $82,300 and median rent of just $738 per month. Groceries and health care are also affordable in this area, making it a great place to live for those who want to enjoy an urban atmosphere without breaking their budget.