Cost of Living: Buffalo, NY vs Gresham, OR (2026)

Buffalo

New York
61
VS

Gresham

Oregon
119

Buffalo is 49% cheaper than Gresham.

$989/mo ↓ 34%
Median Rent
$1,508/mo ↑ 52%
$48,050/yr ↓ 35%
Median Income
$73,608/yr ↑ 53%
$152,300 ↓ 65%
Home Value
$440,000 ↑ 189%
$929/mo ↓ 42%
Owner Costs
$1,590/mo ↑ 71%
276,397
Population
112,818

Tax Comparison

10.9%
Income Tax
9.9%
4.0%
State Sales Tax
0%
1.62%
Property Tax
0.93%

Affordability

24.7%
rent-to-income
Affordability
24.6%
rent-to-income

Detailed Comparison

When comparing Buffalo, NY and Gresham, OR, the overall cost of living indices are 61 and 119 respectively (national median = 100). Rent is $519/month cheaper in Buffalo, saving renters about $6,228/year.

Median household income is $25,558/year higher in Gresham. Home values also differ significantly — the median in Buffalo is $152,300 compared to $440,000 in Gresham.

Oregon has a lower income tax rate, making Gresham slightly more tax-friendly.

Frequently Asked Questions

Buffalo vs Gresham — common questions

Is Buffalo or Gresham cheaper to live in?
Based on our cost index, Buffalo is cheaper to live in with an index of 61 compared to 119 (US average = 100).
What is the rent difference between Buffalo and Gresham?
Median rent in Buffalo is $989/month and in Gresham it's $1,508/month — a difference of $519/month.
Which city has higher income, Buffalo or Gresham?
Median household income is $48,050 in Buffalo and $73,608 in Gresham. Median household income is $25,558/year higher in Gresham.
How do taxes compare between New York and Oregon?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Oregon has 9.9% income tax, 0% sales tax, and 0.93% property tax.
Should I move to Buffalo or Gresham?
It depends on your priorities. Buffalo has a cost index of 61 with median rent of $989/mo, while Gresham has a cost index of 119 with rent of $1,508/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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