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 91, with 100 being the average.
The cost of living index in Tonawanda is 0.9x lower than the national average.
Tonawanda ranks as the #44 cheapest in New York out of 340.
Tonawanda ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Tonawanda is $127,600.
The median income in Tonawanda is $56,112.
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 91, 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 126.
The standard of living in Tonawanda ranks as #44 most affordable out of the 340 places we measured in New York. By definition, that implies Tonawanda ranks as the #296 most expensive place in the Empire State.
For more reading on life in Tonawanda, check out:
- Living In Tonawanda
- Tonawanda Crime Report
- Search Homes For Sale In Tonawanda, NY
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 99.
The Groceries index in Tonawanda is 95.
The Health index in Tonawanda is 84.
The Housing index in Tonawanda is 72.
The Transportation index in Tonawanda is 99.
The Utilities index in Tonawanda is 95.
| Living Expense | Tonawanda | New York | National Average | |
|---|---|---|---|---|
| Overall | 91 | 126 | 100 | |
| Services | 99 | 110 | 100 | |
| Groceries | 95 | 104 | 100 | |
| Health | 84 | 105 | 100 | |
| Housing | 72 | 175 | 100 | |
| Transportation | 99 | 107 | 100 | |
| Utilities | 95 | 102 | 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 2017-2021. The key points are:
The Median Home Value in Tonawanda is $127,600.
The Median Rent in Tonawanda is $704.
The Median Income in Tonawanda is $56,112.
The Home Value To Income in Tonawanda is 2.3x.
The Rent To Monthly Income in Tonawanda is 0.15x.
| Statistic | Tonawanda | New York | United States |
|---|---|---|---|
| Median Home Value | $127,600 | $340,600 | $244,900 |
| Median Rent | $704 | $1,390 | $1,163 |
| Median Income | $56,112 | $75,157 | $69,021 |
| Home Value To Income | 2.3x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.22x | 0.2x |
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
/10
