Cost of Living in Buffalo, NY
| Cost of Living in Buffalo, NY | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 46% lower | 6% lower |
| Utilities (Monthly) | 8% lower | 5% lower |
| Food | 6% lower | 3% lower |
| Healthcare | 7% lower | 0% |
| Transportation | 8% lower | 2% lower |
| Goods & Services | 14% lower | 6% lower |
The cost of living in Buffalo, NY is 24% lower than the state average and 5% lower than the national average. Buffalo, NY housing is 6% cheaper than the U.S average, while utilities are about 5% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 6% less in Buffalo, NY than in the rest of the country, while clothing costs around 6% less .
Healthcare services such as doctor check-ups and dentistry cost 0% here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 6% cheaper in Buffalo, NY.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Buffalo is $1,438, while home prices circle around $483,351.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Buffalo, energy bills cost around $180.12 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.67 in Buffalo, a dozen eggs go for around $3.55 and a pound of potatoes circles around $5.11.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Buffalo, an optometry check-up costs around $75.95, while a dentist appointment is priced $146.19 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.45 in Buffalo, while getting your tires balanced will run you about $50.92.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $26.17 here. Meanwhile, a pair of women's slacks will set you back around $25.90.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Buffalo, you should budget around $12.76 a month. When it comes to personal services, a haircut usually goes for $21.74, while dry cleaning costs about $19.31.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Buffalo, the median household income is $46,184.