Housing costs in Niagara Falls?
A typical home costs
$215,400, which is 36.3% less expensive than the national average of
$338,100 and 47.9% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Niagara Falls costs
$910 per month, which is 53.6% cheaper than the national average of
$1,960 and 17.6% cheaper than the state average of
$1,070.
Can I afford Niagara Falls?
To live comfortably in Niagara Falls (zip 14302), New York, a minimum annual income of
$41,400 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Niagara Falls?
The cost of living in 14302 Niagara Falls, NY is relatively affordable. According to the Council for Community and Economic Research, in 2019 the cost of living index was 89.8, which is lower than the national average of 100. This means that housing costs, transportation costs, groceries, and other necessities are generally more affordable in this area than they are nationally. Additionally, there are various discounts on entertainment and dining options available to residents throughout the year which further decreases general expenses. All of these factors make 14302 Niagara Falls, NY an attractive area for those looking to relocate without breaking their budget.