Buffalo, WY, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Buffalo is 87, which is 13% less than the national average of 100. This indicates that residents in Buffalo can expect lower expenses in several areas, making it potentially more affordable for those relocating.
Specifically, the housing index in Buffalo is 75, reflecting 25% lower costs compared to the average. Although groceries and utilities are slightly higher at 90 and 95, respectively, the lower housing costs contribute to the overall reduced cost of living. This balanced mix of higher and lower costs across various categories provides a comprehensive view of Buffalo’s affordability.
The cost of living in Buffalo, Wyoming, stands at a noteworthy 85 when compared to the nationwide average, which is set at 100. This means that overall, residents in Buffalo spend about 15% less than the average American household. The lower percentage primarily stems from the housing index, which is 25% below the national average at 75. This lower housing cost can make Buffalo an attractive option for those looking to save on living expenses.
Transportation in Buffalo, however, shows a slight increase, with an index of 105, meaning costs here are 5% higher than the national average. When it comes to groceries, Buffalo offers a bit more savings, with an index of 90, suggesting that 10% less is spent on food compared to the nationwide average. Utilities also remain close to the national average, with a 5% increase at 95. Healthcare costs in Buffalo are slightly lower, with an index of 85, meaning residents pay about 15% less for healthcare services. Miscellaneous costs are also under the national average at 80, which is a 20% reduction. These varied indices paint a picture of Buffalo as a place where several living expenses are more affordable than the national average.
