CostIndexUSA

Buffalo, NY vs Lincoln, NE Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NY
Buffalo
95.8
overall index
$1,375/mo rent
More AffordableNE
Lincoln
91.6
overall index
$1,275/mo rent

Lincoln is slightly cheaper than Buffalo — 4.4% lower overall cost of living.

To match an $80,000 salary in Buffalo, you would need $76,500 in Lincoln. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+4.0%
Buffalo
81
Lincoln
84.2
🛒 Groceries5.6%
Buffalo
99.7
Lincoln
94.1
🚗 Transportation4.9%
Buffalo
102.6
Lincoln
97.6
🏥 Healthcare5.0%
Buffalo
92.9
Lincoln
88.3
Utilities40.7%
Buffalo
129.5
Lincoln
76.8

Salary Equivalency Calculator

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

$
Equivalent salary in Lincoln, NE
$76,500
$3,500 less needed in Lincoln

Formula: salary × (91.6 ÷ 95.8) = salary × 0.9562. 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×

Lincoln, NE

Median Home Price
$289,000
Median Monthly Rent
$1,275
Housing Index
84.2
Price-to-Rent Ratio
18.9×

Lincoln has 4.0% 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

Lincoln, NE

Median Household Income
$71,200
Per Capita Income
$40,600
Unemployment Rate
2.7%
Population
289,102
Top Industries
EducationHealthcareGovernmentFinanceManufacturing

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)

Lincoln, NE
4.7×income-to-rent ratio

79% 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.