Housing costs in Buffalo?
A typical home costs
$292,900, which is 13.4% less expensive than the national average of
$338,100 and 29.2% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Buffalo costs
$1,270 per month, which is 35.2% cheaper than the national average of
$1,960 and 15.7% more than the state average of
$1,070.
Can I afford Buffalo?
To live comfortably in Buffalo (zip 14216), New York, a minimum annual income of
$56,160 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Buffalo?
The cost of living in 14216 Buffalo, NY is relatively low compared to other cities across the United States. Basic necessities such as food and housing are generally affordable. The median home value in the area is $104,400 and the median rent price is $1,050 per month. The median household income is about $34,000 per year, which means that most households can comfortably afford to live in this area. There are also a variety of restaurants and entertainment options available at various price points to suit different budgets. Overall, 14216 Buffalo, NY is an affordable place to live for most individuals and families.