Buffalo, NY Relocation Guide (2026)

Cost of living, housing, and income data for Buffalo, sourced from the US Census Bureau.

276,688
Population
$46,184
Median household income
-36% vs tracked median
$132,100
Median home value
-60% vs tracked median
$942/mo
Median rent
-33% vs tracked median

Source: US Census Bureau ACS 5-Year (2022). Last updated July 2026.

Buffalo, New York is home to roughly 276,688 residents. The typical household earns $46,184 per year — below the median across cities we track (-36%).

Housing costs are a defining factor for anyone relocating here. The median home value sits at $132,100 (below the multi-city median at -60%), while renters pay a median of $942 per month. Buyers should weigh current mortgage rates and local property taxes against these figures before committing.

Cost of housing in Buffalo

Median home value is $132,100 and median gross rent is $942/month. For buyers, monthly costs depend heavily on current mortgage rates — worth checking before you commit.

Walkability & transit

Walkability data (Walk Score) will appear here once enrichment is run for Buffalo.

Climate & home insurance

Climate and flood-risk data (FEMA National Risk Index) will appear here once enrichment is run. Home insurance costs vary widely by region and risk profile.

Moving to Buffalo

Planning a move to Buffalo? Compare licensed movers and get quotes based on your origin and move date.

Frequently asked questions

What is the cost of living in Buffalo, NY?
In Buffalo, the median home value is $132,100 and median rent is $942 per month, against a median household income of $46,184. These figures come from the US Census Bureau ACS 5-Year (2022).
How much do you need to earn to live comfortably in Buffalo?
A common guideline is that rent should stay under 30% of gross income. With median rent at $942/month, that implies an income of about $37,680 to keep housing affordable in Buffalo.
Is it better to rent or buy in Buffalo?
With a median home value of $132,100 and median rent of $942/month, the buy-vs-rent decision in Buffalo depends on how long you plan to stay, current mortgage rates, and your down payment. Compare monthly mortgage estimates against the rent figure above.

Compare Buffalo to similar cities