Cost of Living: Bozeman, MT vs Buffalo, NY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Bozeman Buffalo
Housing Index 105.0 125.4
Median Home Price $411,000 $155,000
Average Rent (2 BR Apartment) $1600 $1800
Average Rent (2 BR House) $1645 $1900

Housing Comparison: Bozeman vs Buffalo

  • In Bozeman, the median home price is higher at $411,000, while in Buffalo it is $155,000.
  • In Buffalo, the rental for a two-bedroom apartment stands at $1,800, while it is $1,600 in Bozeman.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Bozeman Buffalo
Electricity Price $13.58 $26.08
Natural Gas Price $8.31 $18.13
Other Utilities $220 $250

Utilities Comparison: Bozeman vs Buffalo

  • Buffalo has higher electricity costs at $26.08 per kWh, versus $13.58 in Bozeman.
  • Natural gas is more expensive in Bozeman at $8.31 per unit, while it is cheaper at $18.13 in Buffalo.
  • Buffalo has higher utility expenses, averaging $250, while Bozeman averages $220.