Buffalo cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBuffaloKentuckyNational
Cost of living index8588100
IndexBuffaloKentuckyNational
Goods & Services index10295100
Groceries index9696100
Health care index9095100
Housing index5470100
Transportation index10597100
Utilities index8892100

Did you know?

  • The cost of living in Buffalo is 3% lower than the Kentucky average.
  • The cost of living in Buffalo is 15% lower than the national average.
  • The cost of housing in Buffalo is 46% lower than the national average.
  • Kentucky general sales tax is 18% higher than the national average.
  • Kentucky state income tax is 10% lower than the national average.

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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$53,438$4,453$1,247$1,603
Renters$14,306$1,192$334$429

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax
Kentucky6%6%

Kentucky Income Tax

StateIncome Tax (Low)Income Tax (High)
Kentucky2%6%

Goods & Services

ItemBuffaloNational avg.Difference
Haircut $12.80$14.5912.3%
Beauty Salon $35.33$34.681.9%
Toothpaste $2.31$2.476.6%
Shampoo $0.93$1.029.0%
Movie $9.25$9.876.3%
Bowling $4.25$4.393.2%

Groceries

ItemBuffaloNational avg.Difference
Ground Beef $3.97$4.4811.3%
Fried Chicken $1.28$1.4612.6%
Milk $2.01$2.3614.7%
Potatoes $3.01$3.061.7%
Pizza $10.00$9.248.2%
Beer $8.85$8.632.5%

Health Care

ItemBuffaloNational avg.Difference
Optometrist $82.50$99.7817.3%
Doctor $88.50$105.0315.7%
Dentist $88.40$88.700.3%
Ibuprofen $8.91$9.415.3%
Lipitor $246.60$298.5017.4%

Housing

ItemBuffaloNational avg.Difference
Home Price $75,900.00$175,700.0056.8%
Avg. Mortgage Payment $835.10$1,081.0322.7%
Apartment Rent $716.00$920.0022.2%

Transportation

ItemBuffaloNational avg.Difference
Gasoline $2.21$2.095.9%
Tire Balancing $46.40$45.292.5%

Utilities

ItemBuffaloNational avg.Difference
All Electricity$126.60$170.8025.9%
Phone $30.22$28.266.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Summersville, KY49379-21%
Bonnieville, KY32179-21%
Upton, KY76780-20%
Hodgenville, KY3,23684-16%
New Hope, KY21385-15%
Buffalo, KY53585-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Unity, ME5351011%
Polvadera, NM53576-24%
Mount Auburn, IL53579-21%
Jamesville, NC53593-7%
Millry, AL53579-21%
Buffalo, KY53585-15%
Source: The Buffalo, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.