Housing costs in Buffalo?
A typical home costs
$144,000, which is 57.4% less expensive than the national average of
$338,100 and 65.2% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Buffalo costs
$900 per month, which is 54.1% cheaper than the national average of
$1,960 and 18.9% cheaper than the state average of
$1,070.
Can I afford Buffalo?
To live comfortably in Buffalo (zip 14204), New York, a minimum annual income of
$27,720 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Buffalo?
The cost of living in 14204 Buffalo, NY is overall quite reasonable. The area has an average housing cost which is about 10 percent lower than the national average and utility costs that are also lower. Taxes are reasonably low compared to other states, making it attractive to those looking for an affordable place to live with plenty of amenities. In addition, groceries and other necessary expenses are less expensive than in some larger cities, providing residents of 14204 Buffalo, NY with a great opportunity to save money on their day-to-day expenses.