Cost of Living in Salamanca, NY
Population 5,878 · New York · Data vintage 2023
(100 = US avg)
At $39,871, median household incomes in Salamanca land roughly 47% below the US median, a gap that tends to persist across local labor-market indicators. Around 24% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Salamanca is about 50 miles south of Buffalo, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 49% lower than Buffalo's $152,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Salamanca
The median home value in Salamanca is $78,000 — 74% below the national median of $305,000. Median rent runs $702/month, 47% lower than the national median of $1,314/month. The median household income of $39,871/year is 47% lower than the US median of $74,580. The local unemployment rate is 8.6%, above the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 55.8°F and lows of 35.9°F. Overall, Salamanca has a cost of living index of 37 versus the US average of 100, meaning it is 63% less expensive.
Salamanca has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 31 | 33 | 42 | 56 | 68 | 75 | 79 | 77 | 70 | 58 | 46 | 35 |
| Low °F | 16 | 16 | 24 | 34 | 43 | 52 | 55 | 54 | 48 | 38 | 30 | 22 |
| Precip" | 2.72 | 2.08 | 3.04 | 3.55 | 4.21 | 4.18 | 4.16 | 3.91 | 3.65 | 3.99 | 3.20 | 3.17 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Salamanca, NY?
Salamanca has a cost index of 37 (100 = national average). It is 63% below the national average.
What is average rent in Salamanca, NY?
The median gross rent in Salamanca is $702 per month based on 2023 Census data.
What is the average home price in Salamanca?
The median home value in Salamanca is $78,000 according to 2023 Census ACS data.
What is the median income in Salamanca?
The median household income in Salamanca is $39,871 per year (2023 ACS 5-year estimates).
What is the sales tax in Salamanca, NY?
The combined state and local sales tax rate in Salamanca is 8.5%. The New York state income tax top rate is 10.9%.
Is Salamanca, NY affordable?
Yes, Salamanca is generally considered affordable, with a cost of living index of 37 — about 63% below the US national average of 100.
What is the weather like in Salamanca?
Salamanca has average high temperatures of 55.8°F and average lows of 35.9°F. Annual precipitation is 41.9". Data from NOAA 1991–2020 Climate Normals.
Salamanca at a Glance
- Population
- 5,878
- Median Income
- $39,871
- Home Value
- $78,000
- Median Rent
- $702/mo
- Unemployment
- 8.6%
- Avg High Temp
- 55.8°F
- Sales Tax
- 8.5%
Explore county-level cost of living data
New York Rankings
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