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The Buffalo-Niagara Region

Affordable Living

It’s easy to stretch your dollar in Buffalo, where the costs of living and housing are well below national averages.

Two female students sit on the couch studying in the living room of a typical Buffalo apartment. A fireplace appears on the right of the room.

In Western New York, you can enjoy the perks of city living without the hefty price tag. Our cost of living is 14 percent below the national average, thanks to extremely affordable housing and a healthy ratio of income to living costs.

A Buyer’s (and Renter’s) Market

Looking for safe, convenient, affordable neighborhoods? Western New York boasts a wealth of them.

Our region is among the five most affordable housing markets in the United States. The median price for a single family home is one-third lower than the national median.

A wide range of housing options are available in urban, suburban and small-town settings. Our housing market is as diverse as it is affordable. Your options include:

  • Downtown lofts
  • Convenient-to-campus apartment complexes and rental homes
  • Turn-of-the-century Victorians
  • Suburban family homes in friendly neighborhoods
  • Patio homes
  • Waterfront condominiums
  • Rural living

Relocation Destination has ranked Buffalo as the most affordable city in America, while Sperling’s Best Places counts Buffalo among the top five cities to relocate to in America. Among the reasons cited: