Cost of Living: Buffalo, NY vs Lawrence, MA

Housing

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

Metric Buffalo Lawrence
Housing Index 125.4 Data is updating
Median Home Price $155,000 $375,000
Average Rent (2 BR Apartment) $1800 $Data is updating
Average Rent (2 BR House) $1900 $Data is updating

Housing Comparison: Buffalo vs Lawrence

  • The median home price in Lawrence is higher at $375,000, compared to $155,000 in Buffalo.
  • The rent for a two-bedroom apartment is equal in both Buffalo and Lawrence at $1,800.

Utilities

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

Metric Buffalo Lawrence
Electricity Price $26.08 $28.15
Natural Gas Price $18.13 $21.62
Other Utilities $250 $Data is updating

Utilities Comparison: Buffalo vs Lawrence

  • Lawrence has higher electricity costs at $28.15 per kWh, versus $26.08 in Buffalo.
  • Lawrence experiences higher natural gas costs at $21.62 per unit, with costs at $18.13 in Buffalo.
  • Utility expenses are equal in both Buffalo and Lawrence averaging $250.