Calculate using real Buffalo data. Median home price: $175,000. Property tax rate: 2.41%.
Buffalo, NY has a cost of living index of 87, where 100 represents the national average. This means living in Buffalo is 13% less expensive the national average.
The median household income in Buffalo, NY is $40,275. Combined with a cost of living index of 87, this provides a picture of purchasing power in the area.
The median home price in Buffalo, NY is $175,000 with a property tax rate of 2.41%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,386.