Niagara Falls, NY Cost of Living


6 Reviews



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How much do I need to live in Niagara Falls, New York?
$2,250 / month
for a family, 58.3% less expensive than the national average A total of $27,000 for the year for a family.
$2,700 / month
for a single person, 43.4% less expensive than the national average A total of $32,400 for the year for a single person.

Niagara Falls cost of living score
87
Less expensive
13.0% lower
than the US average
28.4% lower
than the New York average
Niagara Falls, New York gets a BestPlaces Cost of Living score of 87, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% lower than the U.S. average and 28.4% lower than the average for New York.

Niagara Falls, NY

Housing costs in Niagara Falls?
A typical home costs $141,800, which is 58.1% less expensive than the national average of $338,100 and 65.7% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Niagara Falls costs $950 per month, which is 33.6% cheaper than the national average of $1,430 and 106.3% cheaper than the state average of $1,960.

Can I afford Niagara Falls?
To live comfortably in Niagara Falls, New York, a minimum annual income of $27,000 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Niagara Falls?
Niagara Falls, NY has an overall low cost of living due mainly in part to its low housing prices and taxes while utility costs remain quite reasonable too which makes this city a viable choice even at its elevated price tags associated with goods and services here too.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNiagara FallsNew YorkUnited States
    Unlock121.5100.0
  96.0  Unlock100.0
    Unlock120.7100.0
  44.5  Unlock100.0
    Unlock$413,600$338,100
  109.2  Unlock100.0
    Unlock140.7100.0
  112.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Niagara Falls
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Niagara Falls is a place where we are careful about saying ‘things are looking up’ because we’ve said that before and whatever big project promised falls through or just  More

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Over 15 years ago

Niagara Falls has very high crime and a steady increase in gang activity. Unemployment is very high, there is a lot of pollution and winters are too long. The falls  More

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Niagara Falls is plagued by contamination for radioactive waste and dumping, high crime high taxes and corrupt politicians. One would figure that a smaller town  More

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