If you're seeking a city where you can truly live well without breaking the bank, Buffalo, New York, should be at the top of your list. Imagine strolling to your favorite spots with a Walk Score of 94, a rarity in most American cities, especially when paired with a median home value of just $115,000. That's a steal compared to the national median! Buffalonians enjoy a lifestyle that prioritizes accessibility and community, with a Bike Score of 87 and a Transit Score of 64, making it easy to ditch the car and embrace the city's vibrant energy. The low cost of living extends to rent, with a median of $1,408, providing significant savings compared to many other cities.
From an investment perspective, Buffalo presents a compelling case. While the median household income of $37,354 is lower than the national average, the remarkable affordability, reflected in an Affordability Index of 70, makes homeownership a realistic goal for many. The unemployment rate is holding steady at 3.9%, a sign of a stable local economy. With violent crime at 3.6 per 1,000 residents and property crime at 15.1 per 1,000 residents, the city offers a relatively safe environment, especially considering the urban setting. Buffalo is perfect for first-time homebuyers, young professionals, and anyone looking for a high quality of life at a fraction of the cost of other major cities.
Beyond the financial advantages, Buffalo boasts an impressive quality of life. The air quality is exceptionally good, with an AQI of 48, and the noise level is considered quiet, creating a peaceful atmosphere. Plus, with electricity rates at a competitive 11.7¢/kWh, your utility bills won't drain your budget. The city is known for its resilience and its passionate community, making Buffalo a place where you can truly thrive.
Median Home Value
$115,000
Median Income
$37,354
Population
278,349
Walk Score
94
Air Quality
AQI 48
Good
Climate Risk
Relatively Moderate
- Population
- 278,349
- Median Age
- N/A
- Median Household Income
- $37,354
50% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $115,000
59% below nat'l avg
- Median Rent
- $1,408
21% above nat'l avg
- Homeownership Rate
- 11.0%
83% below nat'l avg
- Affordability Index
- 70
30% below nat'l avg
- Violent Crime Rate
- 3.6 per 1K
3% below nat'l avg
- Property Crime Rate
- 15.1 per 1K
14% below nat'l avg
- AQI
- 48
14% above nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 76.8
Top Hazards
- Overall
- Quiet
- Road Traffic
- 0 dBA
100% below nat'l avg
- Aviation
- 0 dBA
100% below nat'l avg
- Rail
- 0 dBA
100% below nat'l avg
- Electricity Rate
- 11.7¢/kWh
29% below nat'l avg
- Est. Monthly Electric
- $106
23% below nat'l avg
- Unemployment Rate
- 3.9%
5% above nat'l avg
- Poverty Rate
- N/A
Weather & Climate in Buffalo
Avg High
57°F
Avg Low
44°F
Annual Rainfall
45.4"
Avg Humidity
75%
Political Landscape
→ Politically stable
Based on Erie County county-level presidential election data
Culture & Things to Do in Buffalo
National Buffalo Wing Festival
A celebration of Buffalo's famous chicken wings.
Taste of Buffalo
A large food festival featuring local restaurants.
Buffalo Marathon
An annual marathon that draws thousands of runners.
Ellicottville Blues Fest
A weekend of blues music in nearby Ellicottville.