New York vs Buffalo: Cost of Living

55%

New York is about 55% more expensive than Buffalo overall.

How New York Compares to Buffalo

Category by category

Renting ▲ 58%
Buying ▲ 316%
Goods ▲ 11%
Services ▲ 97%

Key Facts

New YorkBuffalo
Median Rent$1,811/mo$1,142/mo
Median Home$778,600$187,000
Median Income$81,228$52,211
State Income TaxUp to 10.9%Up to 10.9%
Sales Tax8.875%8%

Housing: The Biggest Difference

Buffalo has the lower median home price by $591,600. Monthly rent is $669/month cheaper in Buffalo.

Compare With Your Salary

Sources: Housing from Census ACS 2024. Goods and services from BEA Regional Price Parities 2023. Taxes from Tax Foundation. Full disclaimer.

New York vs Buffalo FAQ

Rent is $669/month cheaper in Buffalo. New York's median rent is $1,811/month, while Buffalo's is $1,142/month. Source: Census ACS 2024.

Buffalo has the lower median home price at $187,000, saving $591,600 compared to New York. Source: Census ACS 2024.