| Index | Depew | New York | National |
| Cost of living | 101 | 121 | 100 |
| Groceries | 107 | 106 | 100 |
| Health care | 112 | 110 | 100 |
| Housing | 74 | 144 | 100 |
| Transportation | 114 | 113 | 100 |
| Utilities | 111 | 112 | 100 |
| Lifestyle & Entertainment | 114 | 111 | 100 |
| Household Items | 108 | 106 | 100 |
| Education & Childcare | 123 | 118 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Depew? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Depew stands at 101, making it 1% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
The cost of living in Depew aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, household expenses, health care and utility bills are priced at a level consistent with the average in similar urban areas. Depew residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.
Is Depew affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Depew, for instance, where the median home price falls 32.9% lower than the national average, and monthly rent rates are 8.4% lower than usual. Additionally, median income levels contribute to the equation, with Depew flaunting a median household income of $92,711, 14% higher than the national norm.
Utilities: Like everything else, utilities costs can range significantly depending on factors like climate, energy sources available, location and even state regulations. Things like electricity, water, heating and waste disposal costs can be higher or lower, depending on the city or state. The utilities index in Depew comes in at 10.6% higher than the national average.
Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Depew, is 25.6% lower than the national average.
Urbanization: Larger, urban areas boasting abundant amenities and robust employment prospects often exhibit a heightened cost of living, driven by the increased demand for services and residential relocation. Consequently, this leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural locales or regions marked by diminished demand typically offer a more limited range of amenities and experience slower job market expansion. This translates into a more affordable cost of living.
The cost of living data for Depew shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
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| Groceries index | |
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| Housing index | |
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| Utilities index | |
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $109,572 | $9,131 | $2,557 | $3,287 |
| Renters | $60,498 | $5,042 | $1,412 | $1,815 |
| State | General Sales Tax | With Max Surtax |
| New York | 4% | 8.875% |
| State | Income Tax (Low) | Income Tax (High) |
| New York | 4% | 10.9% |
| City | Population | Cost of Living Index | National Avg. |
| Sloan, NY | 3,688 | 95 | 4.7% |
| Tonawanda city, NY | 15,560 | 94 | 5.6% |
| Lackawanna, NY | 18,342 | 95 | 5.1% |
| Buffalo, NY | 262,656 | 98 | 2.3% |
| Rapids, NY | 706 | 97 | 3.1% |
| Depew, NY | 15,627 | 101 | 0.9% |
| City | Population | Cost of Living Index | National Avg. |
| Salida, CA | 15,629 | 137 | 37.5% |
| Mastic, NY | 15,624 | 125 | 25.0% |
| Berea, SC | 15,623 | 92 | 8.1% |
| Ladson, SC | 15,636 | 100 | 0.4% |
| Bellair-Meadowbrook Terrace, FL | 15,617 | 100 | 0.4% |
| Depew, NY | 15,627 | 101 | 0.9% |
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