Cost of Living in Wanakah, NY

Population 3,071 · New York · Data vintage 2023

69
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Wanakah stay well under national norms: a median home value of $187,000 against median household incomes of $77,482 gives the city one of the more comfortable price-to-income ratios in New York. An unemployment rate of 2.7% points to a labor market well on the tight side of the national distribution.

Located 11 miles south of Buffalo, Wanakah falls within that metro's commuting orbit. Median home values run roughly 23% higher than Buffalo's $152,000.

Cost Overview

Housing 61
Rent 81

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Wanakah

The median home value in Wanakah is $187,200 — 39% below the national median of $305,000. Median rent runs $1,065/month, 19% lower than the national median of $1,314/month. The median household income of $77,482/year is 4% higher than the US median of $74,580. The local unemployment rate is 2.7%, below 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 56.8°F and lows of 40.9°F, with about 95.4" of annual snowfall. Overall, Wanakah has a cost of living index of 69 versus the US average of 100, meaning it is 31% less expensive.

🏠 Housing

Median Home Value
$187,200
39% below avg
Median Rent
$1,065/mo
19% below avg
Price-to-Rent Ratio
14.6x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
Owner-occupied 93.8%
Renter-occupied 6.2%

💰 Estimated Monthly Budget

Rent median rent
$1,065
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,679/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.0 min
11% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.4%

Commute Mode

Drove alone
78.4%
Carpooled
0.5%
Work from home
16.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$77,482
4% above avg
Per Capita Income
$45,778
Unemployment Rate
2.7%
44% below avg
Poverty Rate
7.6%
Labor Force Participation
68.5%

🎓 Education

Bachelor's degree+ 22.8%
Graduate degree 9.8%

👥 Demographics

Median Age 47.6
Male median age 47.8
Female median age 47.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.8°F
Avg Low
40.9°F
Annual Precip
40.7"
Annual Snowfall
95.4"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323342556776807972604837
Low °F 192026374858636255443426
Precip" 3.352.492.893.373.373.373.233.234.104.033.503.75
Snow" 26.718.114.12.50.00.00.00.00.00.97.825.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
54.2%
Good air days/yr
176
Max AQI recorded
275
PM2.5 days
86
Ozone days

Frequently Asked Questions

What is the cost of living in Wanakah, NY?

Wanakah has a cost index of 69 (100 = national average). It is 31% below the national average.

What is average rent in Wanakah, NY?

The median gross rent in Wanakah is $1,065 per month based on 2023 Census data.

What is the average home price in Wanakah?

The median home value in Wanakah is $187,200 according to 2023 Census ACS data.

What is the median income in Wanakah?

The median household income in Wanakah is $77,482 per year (2023 ACS 5-year estimates).

What is the sales tax in Wanakah, NY?

The combined state and local sales tax rate in Wanakah is 8.5%. The New York state income tax top rate is 10.9%.

Is Wanakah, NY affordable?

Yes, Wanakah is generally considered affordable, with a cost of living index of 69 — about 31% below the US national average of 100.

What is the weather like in Wanakah?

Wanakah has average high temperatures of 56.8°F and average lows of 40.9°F. Annual precipitation is 40.7". Average annual snowfall is 95.4". Data from NOAA 1991–2020 Climate Normals.

Wanakah at a Glance

Population
3,071
Median Income
$77,482
Home Value
$187,200
Median Rent
$1,065/mo
Unemployment
2.7%
Avg High Temp
56.8°F
Sales Tax
8.5%
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