States › New York › Tonawanda

Is Tonawanda, NY expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,35623% lower than U.S. average
💵 Families earn per year (2026)$62,905about $5,242/month · 28% lower than U.S. average
🔑 House price$173,60048% lower than U.S. average

Rent is lower than in 66% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $54,240 a year. That is $26 an hour at a full-time job.

Is rent cheaper than other New York cities?

Yes. Rent here is cheaper than in most of New York. It is number 73 of 343 cities from cheapest to most expensive.

Tonawanda
$1,356
Kenmore
$1,485
Oneonta
$1,248
Depew
$1,153
Batavia
$1,032
Gloversville
$1,267
Johnson City
$1,488

How much do households earn in Tonawanda?

Under $25k
16.0%
$25k–50k
29.0%
$50k–100k
29.8%
$100k–150k
13.3%
$150k+
5.9%

Share of households by yearly income. 19.2% of households earn $100,000 or more.

Rent by apartment size in Tonawanda

SizeTonawandaU.S. average
1 bedroom$821$1,324
2 bedrooms$779$1,509
3 bedrooms$1,357$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Tonawanda overall?

Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).

Housing
122
Goods (food, clothes…)
107
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Tonawanda, so the New York figure is shown.

Taxes and bills in Tonawanda

🏛️ Property tax$4,089a year · 2.36% of home value · U.S. $3,119
⚡ Electric bill$96a month (typical) · U.S. $156

Life in Tonawanda

Commute to work22.7 minU.S.: 26.4 min
College degree28.5%U.S.: 35.7%
Own their home73.2%U.S.: 65.2%
Below poverty line13.8%U.S.: 12.5%
Unemployment6.2%U.S.: 5.2%

Is it cheaper to rent or buy in Tonawanda?

Buying is cheaper month to month: about $151 a month less than renting.

Renting
$1,356
Owning
$1,205

Owning assumes a typical $173,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,360 for the down payment.

Frequently asked questions

What is the average rent in Tonawanda, NY?

Renting in Tonawanda costs a median of about $1,356 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Tonawanda?

To keep rent under 30% of income, you need about $54,240 a year, or $26 an hour at a full-time job.

Is Tonawanda cheap or expensive?

Tonawanda is rated OK: rent takes 25.9% of the typical household income of $62,905. It ranks 73rd cheapest of 343 New York cities we track.

How much are property taxes in Tonawanda?

The median homeowner in Tonawanda pays $4,089 a year in property taxes, about 2.36% of the median home value.

Is Tonawanda more expensive than the national average?

Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Tonawanda?

The median home value in Tonawanda is $173,600, about 2.8 times the typical yearly household income.

15,030 people live in Tonawanda. Numbers are typical (middle) values.