Zip 14218 (Lackawanna, NY) Cost of Living


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How much do I need to live in Lackawanna, New York?
$2,790 / month
for a family, 48.3% less expensive than the national average A total of $33,480 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 for the year for a single person.

Lackawanna cost of living score
92.1
Less expensive
7.9% lower
than the US average
24.2% lower
than the New York average
Lackawanna (zip 14218), New York gets a BestPlaces Cost of Living score of 92.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.9% lower than the U.S. average and 24.2% lower than the average for New York.

Zip 14218 (Lackawanna, NY)

Housing costs in Lackawanna?
A typical home costs $174,500, which is 48.4% less expensive than the national average of $338,100 and 57.8% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Lackawanna costs $920 per month, which is 53.1% cheaper than the national average of $1,960 and 16.3% cheaper than the state average of $1,070.

Can I afford Lackawanna?
To live comfortably in Lackawanna (zip 14218), New York, a minimum annual income of $33,480 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Lackawanna?
The cost of living in 14218 Lackawanna, NY is quite reasonable. According to BestPlaces, the overall cost of living index in Lackawanna is rated 67.4 out of 100, which is considered lower than the national average. Although housing prices are slightly higher compared to other cities in the area, food costs and transportation costs are low, making it an affordable place to live. Additionally, utilities such as water, electricity and gas are also relatively inexpensive. With its low overall cost of living and its close proximity to Buffalo and Niagara Falls, this small city in New York provides a great balance between affordability and convenience for those looking for a place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLackawannaNew YorkUnited States
    Unlock121.5100.0
  98.3  Unlock100.0
    Unlock120.7100.0
  57.5  Unlock100.0
    Unlock$413,600$338,100
  96.5  Unlock100.0
    Unlock140.7100.0
  132.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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