Cost of Living: Buffalo, NY vs New City, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,116/mo in Buffalo, NY versus $4,116/mo in New City, NY. In the model, rent is about 14.42% of gross in Buffalo, NY versus 34.9% in New City, NY, so Buffalo, NY tends to feel more affordable for rent.

Take-home in Buffalo, NY
$4,116/mo
Income level: above
Take-home in New City, NY
$4,116/mo
Income level: below
Rent share (1BR) in Buffalo, NY
14.42%
COLI tier: mid-range
Rent share (1BR) in New City, NY
34.9%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Buffalo, NY and New City, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): New City, NY
  • Lower rent (median 1BR/2BR): Buffalo, NY
  • Lower home prices: Buffalo, NY
  • Higher median household income: New City, NY

Cost of Living Index

Buffalo, NY: 100 (U.S. = 100) · New City, NY: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Buffalo, NY: $940/mo (midpoint of 1BR/2BR) · New City, NY: $2,276/mo

Median rent in New City, NY is $1,336/mo higher than in Buffalo, NY.

Median Home Price

Buffalo, NY: $152,300 · New City, NY: $618,500

Median home price in New City, NY is $466,200 higher than in Buffalo, NY.

Median Household Income

Buffalo, NY: $48,050 · New City, NY: $174,479

New City, NY has a higher median household income than Buffalo, NY by $126,429.

Buffalo, NY overview · New City, NY overview · Popular comparisons