The University at Buffalo, NY is a great place to live for students and young professionals alike. This city has a wide range of amenities, from restaurants to stores, making it an appealing place to be. The average 2 Bedroom rent in University at Buffalo, NY is $1,300 compared to $1,430 in the US, making it more affordable than many other areas when it comes to housing costs. In addition, the Grocery Cost Index in University at Buffalo is 101 versus 100 in the US, showing that groceries are not too expensive here either. The city is home to many well-known businesses such as Wegmans Food Markets and M&T Bank Corporation which make it an attractive destination for those seeking employment opportunities. All these factors make University at Buffalo an ideal place to live with a cost of living that's slightly lower than the rest of the country.
University at Buffalo has an unemployment rate of 7.2%. The US average is 6.0%.
University at Buffalo has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for University at Buffalo
- The Sales Tax Rate for University at Buffalo is 8.8%. The US average is 7.3%.
- The Income Tax Rate for University at Buffalo is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for University at Buffalo
- The average income of a University at Buffalo resident is $3,806 a year. The US average is $28,555 a year.
- The Median household income of a University at Buffalo resident is $22,083 a year. The US average is $69,021 a year.