Quick answer
Overall prices in the New York, NY metro were 112.6 vs 95.8 in Buffalo, NY in 2024 (US = 100), so New York is 17.4% more expensive than Buffalo; housing rents differ by 84% (148.6 vs 81.0). A $75,000 income in New York buys about what $63,860 buys in Buffalo, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | New York | Buffalo | New York vs Buffalo |
|---|---|---|---|
| All items | 112.6 | 95.8 | +17.4% |
| Goods | 110.3 | 99.7 | +10.6% |
| Housing (rents) | 148.6 | 81.0 | +83.5% |
| Utilities | 127.0 | 129.5 | -1.9% |
| Other services | 105.8 | 97.8 | +8.3% |
| All items, 2008 | 113.5 | 97.0 | +16.9% |
| $50,000 in New York equals in Buffalo | $42,573 | ||
| $100,000 in New York equals in Buffalo | $85,147 | ||
| $150,000 in New York equals in Buffalo | $127,720 |
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Last updated 2026-10-16. Data only, not financial or tax advice.