A Breakdown of the Cost of Living in Buffalo, NY
- Housing in Buffalo is 9% higher than US average. A median home price of $582,948 versus $532,491 gives you more affordability and greater flexibility when planning for long-term homeownership.
- Renting in Buffalo is 12.5% lower than US average. With median rent at $1,196 per month versus $1,367, you often find better value across different neighborhoods and housing types.
- Utilities in Buffalo are 7% lower than US average. Lower electricity costs of $185.84 and phone bills near $199.67 help reduce recurring monthly expenses.
- Food and grocery prices in Buffalo are 2% lower than US average. With milk priced at $4.85 per gallon and bread at $3.67 per loaf, grocery spending tends to stay relatively manageable.
- Transportation costs in Buffalo are 4.82% higher than US average. With gas prices at $3.24 per gallon, along with insurance and maintenance, commuting can quickly become a significant expense.
- Healthcare costs in Buffalo are 25.45% lower than US average. With doctor visits at $117.29 and dental check-ups around $104.52, medical care generally remains affordable.
- Miscellaneous expenses in Buffalo are 11.21% lower than US average. From entertainment to personal services, lower prices help keep lifestyle spending in check.
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Data provided by Redfin, a national real estate brokerage.



