Buffalo, IL vs New Milford, IL

Buffalo is moderately more affordable than New Milford, with a 13.6% lower cost of living index. Buffalo scores 56 compared to 65 for New Milford, where the US average is 100. This difference means residents of New Milford can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Buffalo is $475/month compared to $750/month in New Milford — a 37% difference. Home values follow the same pattern: Buffalo is more affordable at $122,400 median vs $130,200.

Median household income in Buffalo is $67,321 compared to $73,125 in New Milford (-7.9%). The higher salaries in New Milford partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Buffalo spend roughly 8.5% of their income on rent, less than the 12.3% in New Milford.