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Cost of Living in Lake Erie Beach, NY

Population: 3,247 | New York

85
Cost of Living Index
US Average = 100

Lake Erie Beach is 15% less expensive than the national average.

100
Housing
49
Home Values
95
Regional Price

Cost of Living in Lake Erie Beach, NY: What You Need to Know

With a cost of living index of 85, Lake Erie Beach, NY is a very affordable place to live. Living here is 15% cheaper than the national average and 26% below the New York state average of 111. Lake Erie Beach is a small community of 3,247 residents.

The median household income in Lake Erie Beach is $57,234, which is 24% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Lake Erie Beach. The area sees an average annual temperature of 48.8°F, with summers averaging 69°F and winters around 29°F. Annual rainfall totals 33 inches spread over roughly 149 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Buffalo-Cheektowaga, NY (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 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
$57,234
vs US Median ($75,149)
-24%

Housing

Median Home Value
$149,300
Median Monthly Housing Cost
$1,008/mo

Everyday Prices in Lake Erie Beach

BLS Average Prices for the Buffalo-Cheektowaga, NY (Metropolitan Statistical Area) area

$2.98
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.43
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.92
Milk (whole)
per gallon
-3% vs US
🍞
$1.80
Bread (white)
per lb
-3% vs US
🍗
$4.03
Chicken breast
per lb
-3% vs US
$0.24
Electricity
per kWh
+29% vs US

Climate in Lake Erie Beach

NOAA 30-year normals (1991-2020)

48.8°F
Avg Temperature
33"
Rainfall / Year
149d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 34 35 43 55 67 76 80 79 72 61 49 39
Avg °F 27 27 34 45 57 66 71 69 63 52 42 33
Low °F 19 19 25 35 46 56 61 60 53 44 34 27
Rain" 1.7 1.2 1.7 2.8 3.1 2.7 3.7 3.3 3.6 3.9 3.1 2.4

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