CostIndexUSA

Buffalo, NY vs Lansing, MI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NY
Buffalo
95.8
overall index
$1,375/mo rent
More AffordableMI
Lansing
95
overall index
$1,300/mo rent

Lansing is slightly cheaper than Buffalo — 0.8% lower overall cost of living.

To match an $80,000 salary in Buffalo, you would need $79,300 in Lansing. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+3.1%
Buffalo
81
Lansing
83.5
🛒 Groceries6.0%
Buffalo
99.7
Lansing
93.7
🚗 Transportation+1.9%
Buffalo
102.6
Lansing
104.5
🏥 Healthcare+1.8%
Buffalo
92.9
Lansing
94.6
Utilities26.3%
Buffalo
129.5
Lansing
95.5

Salary Equivalency Calculator

Enter your current salary in Buffalo to see what you'd need to earn in Lansing to maintain the same purchasing power.

$
Equivalent salary in Lansing, MI
$79,300
$700 less needed in Lansing

Formula: salary × (95 ÷ 95.8) = salary × 0.9916. Based on BEA Regional Price Parities.

Housing Market

Buffalo, NY

Median Home Price
$269,000
Median Monthly Rent
$1,375
Housing Index
81
Price-to-Rent Ratio
16.3×

Lansing, MI

Median Home Price
$234,000
Median Monthly Rent
$1,300
Housing Index
83.5
Price-to-Rent Ratio
15.0×

Lansing has 3.1% higher housing costs compared to Buffalo.

Income & Job Market

Buffalo, NY

Median Household Income
$69,900
Per Capita Income
$39,800
Unemployment Rate
3.6%
Population
261,025
Top Industries
HealthcareEducationManufacturingFinanceGovernment

Lansing, MI

Median Household Income
$70,000
Per Capita Income
$39,900
Unemployment Rate
4.6%
Population
112,644
Top Industries
GovernmentAutomotiveHealthcareEducationFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Buffalo, NY
4.2×income-to-rent ratio

76% of income left after rent (median)

Lansing, MI
4.5×income-to-rent ratio

78% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.