Lackawanna, NY Cost Of Living
Cost Of Living In Lackawanna, NY Summary
Cost of living in Lackawanna research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lackawanna is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lackawanna is 86, with 100 being the average.
The cost of living index in Lackawanna is 0.9x lower than the national average.
Lackawanna ranks as the #14 cheapest in New York out of 341.
Lackawanna ranks as the #639 cheapest out of 6,489 in the US.
The median home value in Lackawanna is $159,698.
The median income in Lackawanna is $48,185.
Table Of Contents
Lackawanna's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Lackawanna, NY?
According to the most recent data on the cost of living, Lackawanna has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to New York, Lackawanna has a cost of living index that's 0.7x lower than New York's index of 119.
The standard of living in Lackawanna ranks as #14 most affordable out of the 341 places we measured in New York. By definition, that implies Lackawanna ranks as the #327 most expensive place in the Empire State.
For more reading on life in Lackawanna, check out:
In New York
In America
Lackawanna Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Lackawanna. Here is how it fairs on each of the criteria:
The Services index in Lackawanna is 94.
The Groceries index in Lackawanna is 97.
The Health index in Lackawanna is 99.
The Housing index in Lackawanna is 61.
The Transportation index in Lackawanna is 95.
The Utilities index in Lackawanna is 94.
| Living Expense | Lackawanna | New York | National Average | |
|---|---|---|---|---|
| Overall | 86 | 119 | 100 | |
| Services | 94 | 110 | 100 | |
| Groceries | 97 | 103 | 100 | |
| Health | 99 | 101 | 100 | |
| Housing | 61 | 145 | 100 | |
| Transportation | 95 | 105 | 100 | |
| Utilities | 94 | 99 | 100 | |
Lackawanna, NY Housing Cost Breakdown
Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Lackawanna is $159,698.
The Median Rent in Lackawanna is $823.
The Median Income in Lackawanna is $48,185.
The Home Value To Income in Lackawanna is 3.3x.
The Rent To Monthly Income in Lackawanna is 0.2x.
| Statistic | Lackawanna | New York | United States |
|---|---|---|---|
| Median Home Value | $159,698 | $508,764 | $303,400 |
| Median Rent | $823 | $1,576 | $1,348 |
| Median Income | $48,185 | $84,578 | $78,538 |
| Home Value To Income | 3.3x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Lackawanna, NY Costs By Category
Detailed Lackawanna Services Costs Vs. New York
| Item | Lackawanna | New York |
|---|---|---|
| Shampoo | $1.3 | $1.28 |
| Movie | $12.76 | $12.13 |
| Bowling | $14.6 | $18 |
| Haircut | $21.65 | $24.26 |
| Beauty Salon | $53.07 | $45.56 |
Detailed Lackawanna Groceries Costs Vs. New York
| Item | Lackawanna | New York |
|---|---|---|
| Ground Beef | $6.16 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.67 | $4.67 |
| Potatoes | $5.26 | $4.93 |
| Pizza | $10.99 | $12.09 |
| Beer | $10.47 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
Detailed Lackawanna Health Costs Vs. New York
| Item | Lackawanna | New York |
|---|---|---|
| Optometrist | $75.93 | $125.68 |
| Doctor | $103.92 | $135.78 |
| Dentist | $149.67 | $113.29 |
Detailed Lackawanna Transportation Costs Vs. New York
| Item | Lackawanna | New York |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $48.79 | $59.92 |
Detailed Lackawanna Utilities Costs Vs. New York
| Item | Lackawanna | New York |
|---|---|---|
| All Electricity | $173.44 | $193.99 |
| Phone | $195.54 | $192.25 |
Lackawanna SnackAbility
/10
Cost Of Living In Cities Around Lackawanna
The cost of living varies in the cities and towns around Lackawanna. Here's a quick look at the cost of living in the most populous nearby places:
Buffalo, NY has a cost of living index of 84, 1.0x Lackawanna.
Cheektowaga, NY has a cost of living index of 88, 1.0x Lackawanna.
West Seneca, NY has a cost of living index of 94, 1.1x Lackawanna.
| City | Population | Cost Of Living | Vs. Lackawanna |
|---|---|---|---|
| Buffalo, NY | 276,397 | 84 | 1.0x |
| Cheektowaga, NY | 76,251 | 88 | 1.0x |
| West Seneca, NY | 45,329 | 94 | 1.1x |
| Eggertsville, NY | 15,416 | 94 | 1.1x |
| Kenmore, NY | 15,097 | 89 | 1.0x |
| Depew, NY | 15,065 | 88 | 1.0x |
| Lancaster, NY | 10,127 | 89 | 1.0x |
| Hamburg, NY | 9,762 | 94 | 1.1x |
| East Aurora, NY | 5,997 | 101 | 1.2x |
| Harris Hill, NY | 5,853 | 108 | 1.3x |
