Housing costs in Tonawanda?
A typical home costs
$223,500, which is 33.9% less expensive than the national average of
$338,100 and 46.0% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Tonawanda costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 96.0% cheaper than the state average of
$1,960.
Can I afford Tonawanda?
To live comfortably in Tonawanda (zip 14223), New York, a minimum annual income of
$42,840 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Tonawanda?
The cost of living in 14223 Tonawanda, NY is relatively low compared to other parts of the country. According to BestPlaces, the cost of living index for this area is 80.2 (the national average is 100). This means goods and services cost 20% less than the national average. Housing in particular is very affordable with a median home value of $111,000 and median rent rates at just $742 per month. Groceries are also cheaper than most areas due to a wide range of grocery stores located within Tonawanda city limits. All-in-all, the cost of living here provides great value for those looking for an affordable place to live.