Buffalo, MN vs Byron, MN

Buffalo, MN and Byron, MN have a very similar cost of living, with only a 1.4% difference in their overall index. Buffalo scores 93 while Byron scores 92 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 $1,111/month compared to $1,079/month in Byron — a 3% difference. Interestingly, home values tell a different story: while Byron has cheaper rent, Buffalo actually has lower median home values ($281,900 vs $326,400).

Median household income in Buffalo is $88,306 compared to $121,681 in Byron (-27.4%). Byron 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 15.1% of their income on rent, more than the 10.6% in Byron.