Housing costs in Buffalo?
A typical home costs
$350,500, which is 3.7% more expensive than the national average of
$338,100 and 15.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Buffalo costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 40.0% cheaper than the state average of
$1,960.
Can I afford Buffalo?
To live comfortably in Buffalo (zip 14221), New York, a minimum annual income of
$67,320 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Buffalo?
The cost of living in 14221 Buffalo, NY is relatively affordable compared to other areas of the country. The median home cost is around $114,000, and the median household income is just over $36,000. Property taxes are also lower than those in some other cities and states. Additionally, groceries, transportation costs, health care services, and utilities are all generally below the national average as well. Overall, living in 14221 Buffalo offers a great balance between affordability and convenience for those looking for a place to call home.