Cost of Living: Buffalo, NY vs Hollywood, FL (2026)

Buffalo

New York
61
VS

Hollywood

Florida
113

Buffalo is 46% cheaper than Hollywood.

$989/mo ↓ 36%
Median Rent
$1,555/mo ↑ 57%
$48,050/yr ↓ 26%
Median Income
$65,359/yr ↑ 36%
$152,300 ↓ 59%
Home Value
$374,200 ↑ 146%
$929/mo ↓ 41%
Owner Costs
$1,568/mo ↑ 69%
276,397
Population
152,935

Tax Comparison

10.9%
Income Tax
0%
4.0%
State Sales Tax
6.0%
1.62%
Property Tax
0.86%

Affordability

24.7%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing Buffalo, NY and Hollywood, FL, the overall cost of living indices are 61 and 113 respectively (national median = 100). Rent is $566/month cheaper in Buffalo, saving renters about $6,792/year.

Median household income is $17,309/year higher in Hollywood. Home values also differ significantly — the median in Buffalo is $152,300 compared to $374,200 in Hollywood.

Florida has no state income tax, giving Hollywood residents a significant tax advantage over New York's 10.9% rate.

Frequently Asked Questions

Buffalo vs Hollywood — common questions

Is Buffalo or Hollywood cheaper to live in?
Based on our cost index, Buffalo is cheaper to live in with an index of 61 compared to 113 (US average = 100).
What is the rent difference between Buffalo and Hollywood?
Median rent in Buffalo is $989/month and in Hollywood it's $1,555/month — a difference of $566/month.
Which city has higher income, Buffalo or Hollywood?
Median household income is $48,050 in Buffalo and $65,359 in Hollywood. Median household income is $17,309/year higher in Hollywood.
How do taxes compare between New York and Florida?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Buffalo or Hollywood?
It depends on your priorities. Buffalo has a cost index of 61 with median rent of $989/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Buffalo details → View Hollywood details →

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