Tonawanda, NY Cost Of Living
Cost Of Living In Tonawanda, NY Summary
Cost of living in Tonawanda 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 Tonawanda 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 Tonawanda is 87, with 100 being the average.
The cost of living index in Tonawanda is 0.9x lower than the national average.
Tonawanda ranks as the #18 cheapest in New York out of 341.
Tonawanda ranks as the #777 cheapest out of 6,489 in the US.
The median home value in Tonawanda is $201,359.
The median income in Tonawanda is $61,619.
Table Of Contents
Tonawanda's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Tonawanda, NY?
According to the most recent data on the cost of living, Tonawanda has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to New York, Tonawanda has a cost of living index that's 0.7x lower than New York's index of 119.
The standard of living in Tonawanda ranks as #18 most affordable out of the 341 places we measured in New York. By definition, that implies Tonawanda ranks as the #323 most expensive place in the Empire State.
For more reading on life in Tonawanda, check out:
In New York
In America
Tonawanda Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Tonawanda. Here is how it fairs on each of the criteria:
The Services index in Tonawanda is 92.
The Groceries index in Tonawanda is 98.
The Health index in Tonawanda is 102.
The Housing index in Tonawanda is 68.
The Transportation index in Tonawanda is 94.
The Utilities index in Tonawanda is 96.
| Living Expense | Tonawanda | New York | National Average | |
|---|---|---|---|---|
| Overall | 87 | 119 | 100 | |
| Services | 92 | 110 | 100 | |
| Groceries | 98 | 103 | 100 | |
| Health | 102 | 101 | 100 | |
| Housing | 68 | 145 | 100 | |
| Transportation | 94 | 105 | 100 | |
| Utilities | 96 | 99 | 100 | |
Tonawanda, 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 Tonawanda is $201,359.
The Median Rent in Tonawanda is $776.
The Median Income in Tonawanda is $61,619.
The Home Value To Income in Tonawanda is 3.3x.
The Rent To Monthly Income in Tonawanda is 0.15x.
Median Home Value
Median Rent
Median Income
Tonawanda, NY Costs By Category
Detailed Tonawanda Services Costs Vs. New York
Detailed Tonawanda Groceries Costs Vs. New York
Detailed Tonawanda Health Costs Vs. New York
Detailed Tonawanda Transportation Costs Vs. New York
Detailed Tonawanda Utilities Costs Vs. New York
Tonawanda SnackAbility
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