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Cost of Living in North Tonawanda, NY

Population 30,198 · Census ACS 2020–2024 5-year estimates

Median rent$934
Median home value$197,200
Median household income$66,961

The median rent in North Tonawanda, NY is $934/month, 42% lower than the New York median and 34% lower than the U.S. median. The median home value is $197,200, 41% lower than the national median. Households earn a median of $66,961 a year, 22% lower than the state median.

Affordability

Rent as a share of median income: 16.7%
Income needed for median rent (30% rule): $37,360/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $997/mo

Run your own numbers: mortgage calculator · hourly to salary

North Tonawanda vs. New York vs. U.S.

North TonawandaNew YorkU.S.
Median rent$934$1,621$1,413
Median home value$197,200$423,800$332,700
Median household income$66,961$85,974$80,734
Homeownership rate70.1%54.3%65.2%
Bachelor's degree or higher27.1%40.2%35.7%
Poverty rate12.4%14.0%12.5%
Unemployment rate5.8%6.4%5.2%
Work from home14.5%14.9%15.1%
Median age43.139.838.9

FAQ

What is the average rent in North Tonawanda, NY?

The median gross rent in North Tonawanda, NY is $934 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in North Tonawanda, NY?

Using the common 30% rule, renting a median-priced home takes about $37,360 a year in gross income.

Is North Tonawanda, NY expensive to live in?

Rent there is 34% lower than the U.S. median, and the median home costs about 2.9 times the median household income.

Other cities in New York

New York, NYRent $1,821 · Income $80,483Buffalo, NYRent $1,046 · Income $50,041Yonkers, NYRent $1,784 · Income $83,549Rochester, NYRent $1,081 · Income $47,213Syracuse, NYRent $1,039 · Income $47,819Albany, NYRent $1,216 · Income $61,986

Cities with a similar cost of living

Fargo, NDRent $946 · Income $66,998Green Bay, WIRent $932 · Income $66,206Wooster, OHRent $918 · Income $66,898Easley, SCRent $947 · Income $66,299Piqua, OHRent $922 · Income $67,796Dubuque, IARent $948 · Income $65,845

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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