Whether you're considering relocation to Buffalo, New York or just curious about the cost of living in Buffalo, New York, the PayScale Cost of Living Calculator is the place to begin your research. When looking at the cost of living charts below, be sure to pay attention to the housing expense category. Housing costs and mortgage rates can vary by city because local banks can have different mortgage rates from their national competition. If you are serious about relocation to Buffalo, New York, you might want to investigate local mortgage rate options before you put your house up for sale.
Cost of Living in Buffalo, New York by Expense Category
Cost of Living in Buffalo, New YorkBuffalo, one of the largest cities in the state, is also one of the most Popular Cities in New York. Amazing landscapes and waterfront views are two small things that make this city a beautiful place to live. Buffalo lies in close proximity to both Lake Erie and the Niagara River, and about twenty minutes from Buffalo you will find Niagara Falls, a popular tourist attraction in this area of New York. During the winter months, Buffalo is a popular tourist destination because of its great areas for skiing and ice fishing. While Buffalo is a perfect vacation destination, is it also an affordable place to live? Researching the cost of living in Buffalo, New York can help you evaluate whether moving there is right for you.
Overall, the cost of living in Buffalo is five percent lower than the national average. In comparison, the Cost of Living in New York City is 118 percent higher than the national average. If given the opportunity to live in either New York City or Buffalo, it is clear that the most economical choice would be Buffalo. Of course, with around 400 miles between Buffalo and New York City, the two cities are separated by more than just cost of living. To see how the cost of living in Buffalo compares to nearby cities, take a look at the Cost of Living in Rochester and Syracuse.
Salaries in Buffalo, New YorkComparing Salaries in Buffalo by Industry offers a glimpse of what salaries are like in this area. Industries at the higher end of the salary spectrum include health care, manufacturing and distribution, and health insurance. As in most areas, salaries in Buffalo tend to be higher for those with greater experience, regardless of industry or job title. For a salary progression ranging from entry-level wages to salaries for seasoned employees, see PayScale's chart showing median Buffalo Salaries by Years Experience. To get salary data for your specific job title, simply enter your occupation in the Cost of Living Calculator shown above. Comparing both salary and cost of living data for various locations will give you a better idea of how your standard of living might change if you move to a new city. For a broader overview of New York state salaries, you can also compare medians salaries in multiple locations with the New York Salaries by City chart.