Buffalo, WY, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Buffalo stands at 86, which is 14% below the average of 100. This reduction is primarily driven by the housing index, which is 25% lower than the national average.
While Buffalo provides savings in housing, other categories like groceries and utilities remain close to the national average, making it an attractive option for those seeking affordability without sacrificing too many conveniences.
The cost of living in Buffalo, Wyoming, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Buffalo are notably lower, with an index of 75. This means residents pay 25% less for housing compared to the national average. Lower housing costs can significantly reduce overall living expenses, making Buffalo an attractive option for those seeking to minimize their housing budget.
Buffalo's other cost categories also show competitive pricing. Groceries, utilities, and transportation have indices of 95, 90, and 85, respectively. This indicates that groceries are 5% cheaper, utilities are 10% cheaper, and transportation costs are 15% less than the national average. These savings, combined with the lower housing costs, make Buffalo an appealing location for budget-conscious individuals and families. Healthcare costs in Buffalo match the national average, providing additional peace of mind for residents.