Buffalo is a mid-sized city in NY with a population of 258,066 residents. With a median home price of $326,197 (7% below the national median) and median household income of $80,175, Buffalo is considered moderately affordable with a price-to-income ratio of 4.1x.
The real estate market in Buffalo features a median home price of $326,197, which is 7% lower than the U.S. national median of $350,000. Monthly rent averages $1,359, 9% below the national average. Over the past decade, rent has increased by 64%.
Buffalo has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Buffalo offers a median household income of $80,175, which is 15% higher than the national median of $70,000. Residents spend approximately 20% of their income on rent annually, which is within the recommended 30% threshold.
Understanding the climate of Buffalo is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Buffalo compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Buffalo is $326,197, with average monthly rent of $1,359. The median household income is $80,175, giving the city a price-to-income ratio of 4.1x.
Buffalo has moderate affordability with a price-to-income ratio of 4.1x, close to the national average.
Buffalo has a population of 258,066 residents, making it the #43 largest city in the United States.
Buffalo has a violent crime rate of 308 per 100,000 residents, which is below the national average. The property crime rate is 1048 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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