Zip 14305 (Niagara Falls, NY) Cost of Living


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Niagara Falls cost of living score
87
Less expensive
13.0% lower
than the US average
28.4% lower
than the New York average
Niagara Falls (zip 14305), New York gets a BestPlaces Cost of Living score of 87, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% lower than the U.S. average and 28.4% lower than the average for New York.

Zip 14305 (Niagara Falls, NY)

Housing costs in Niagara Falls?
A typical home costs $113,100, which is 66.5% less expensive than the national average of $338,100 and 72.7% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Niagara Falls costs $960 per month, which is 51.0% cheaper than the national average of $1,960 and 11.5% cheaper than the state average of $1,070.

Can I afford Niagara Falls?
To live comfortably in Niagara Falls (zip 14305), New York, a minimum annual income of $21,600 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Niagara Falls?
The cost of living in 14305 Niagara Falls, NY is quite reasonable. Prices for housing, food, and other basic necessities are lower than the US average. The median home costs are around $112,000, and rents typically range from $600 to $900 per month. Groceries tend to be cheaper than most places in the country and restaurants offer affordable meal options. Transportation costs are also low, with bus fares starting at around one dollar per ride. All in all, living in 14305 Niagara Falls can be done on a budget without sacrificing quality of life.
   Cost of living score
     CategoriesNiagara FallsNew YorkUnited States
  87.0121.5100.0
  95.8103.8100
  104.7120.7100.0
  31.0127.9100.0
  $113,100$413,600$338,100
  109.2%115.9%100.0%
  84.4140.7100.0
  112.3121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime