Housing costs in Buffalo?
A typical home costs
$307,800, which is 9.0% less expensive than the national average of
$338,100 and 25.6% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Buffalo costs
$1,050 per month, which is 46.4% cheaper than the national average of
$1,960 and close to the state average of
$1,070.
Can I afford Buffalo?
To live comfortably in Buffalo (zip 14209), New York, a minimum annual income of
$59,040 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Buffalo?
The cost of living in 14209 Buffalo, NY is relatively low compared to other parts of the country. According to BestPlaces, the overall cost of living index for this area is 83.64—about 16 percent lower than the national average. Renters can expect to pay around $700 per month for a one-bedroom apartment and $850 for a two-bedroom apartment. Grocery and restaurant prices are also affordable, with a meal at an inexpensive restaurant costing around $14, and basic groceries like eggs, bread, and milk costing approximately $10-$12. Utility costs are reasonable as well, with an average monthly electricity bill of about $90 and internet access typically running between $60-$90 per month. Overall, 14209 Buffalo offers a relatively low cost of living compared to other parts of the U.S., making it an ideal location for those seeking affordable housing options.