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Buffalo, IA vs Tipton, IA

66
Buffalo
Iowa
VS
-4%
69
Tipton
Iowa

Buffalo, IA and Tipton, IA have a very similar cost of living, with only a 4% difference in their overall index. Buffalo scores 66 while Tipton scores 69 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Buffalo is $821/month compared to $823/month in Tipton — a 0% difference. Home values follow the same pattern: Buffalo is more affordable at $120,400 median vs $146,000.

Median household income in Buffalo is $74,773 compared to $67,625 in Tipton (+10.6%). Buffalo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Buffalo spend roughly 13.2% of their income on rent, less than the 14.6% in Tipton.

Income & Cost

Cost of Living Index
Buffalo
66
4% cheaper
Tipton
69
Median Household Income
Buffalo
$74,773
10% higher
Tipton
$67,625

Housing

Median Rent
Buffalo
$821
Tipton
$823
Median Home Value
Buffalo
$120,400
18% cheaper
Tipton
$146,000
Population
Buffalo
1,090
Tipton
3,111

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Buffalo $2.95
Tipton
US $3.07
🥚
Eggs (grade A, large)
Buffalo $2.41
Tipton
US $2.50
🥛
Milk (whole)
Buffalo $3.88
Tipton
US $4.03
🍞
Bread (white)
Buffalo $1.78
Tipton
US $1.85
🍗
Chicken breast
Buffalo $3.99
Tipton
US $4.14
Electricity
Buffalo $0.18
Tipton
US $0.19