Cost of Living: Phoenix, AZ vs Buffalo, NY

Housing

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

Metric Phoenix Buffalo
Housing Index 115.0 125.4
Median Home Price $358,200 $155,000
Average Rent (2 BR Apartment) $1800 $1800
Average Rent (2 BR House) $1840 $1900

Housing Comparison: Phoenix vs Buffalo

  • In Phoenix, the median home price is higher at $358,200, while in Buffalo it is $155,000.
  • The rent for a two-bedroom apartment is equal in both Phoenix and Buffalo 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 Phoenix Buffalo
Electricity Price $15.14 $26.08
Natural Gas Price $23.51 $18.13
Other Utilities $250 $250

Utilities Comparison: Phoenix vs Buffalo

  • Buffalo has higher electricity costs at $26.08 per kWh, versus $15.14 in Phoenix.
  • Natural gas is more expensive in Phoenix at $23.51 per unit, while it is cheaper at $18.13 in Buffalo.
  • Utility expenses are equal in both Phoenix and Buffalo averaging $250.