Cost of Living in Buffalo, IN
Population: 814 | Indiana
Buffalo is 17% less expensive than the national average.
Cost of Living in Buffalo, IN: What You Need to Know
With a cost of living index of 83, Buffalo, IN is a very affordable place to live. Living here is 17% cheaper than the national average and 5% above the Indiana state average of 78. Buffalo is a small community of 814 residents.
The median household income in Buffalo is $125,809, which is 67% higher than the national median of $75,149.
Everyday prices in the Lafayette-West Lafayette, IN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $125,809
- vs US Median ($75,149)
- +67%
Housing
- Median Home Value
- $131,000
- Median Monthly Housing Cost
- $837/mo
Everyday Prices in Buffalo
BLS Average Prices for the Lafayette-West Lafayette, IN (Metropolitan Statistical Area) area