States › New York › Tonawanda Town

Is Tonawanda Town, NY expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,39520% lower than U.S. average
💵 Families earn per year (2026)$83,777about $6,981/month · 4% lower than U.S. average
🔑 House price$215,20035% lower than U.S. average

Rent is lower than in 64% 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 $55,800 a year. That is $27 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 76 of 343 cities from cheapest to most expensive.

Tonawanda Town
$1,395
Hempstead
$1,771
White Plains
$2,971
Levittown
$3,500+
Troy
$1,660
Irondequoit
$1,365
Utica
$1,058

How much do households earn in Tonawanda Town?

Under $25k
11.4%
$25k–50k
22.8%
$50k–100k
36.3%
$100k–150k
18.1%
$150k+
6.7%

Share of households by yearly income. 24.8% of households earn $100,000 or more.

Rent by apartment size in Tonawanda Town

SizeTonawanda TownU.S. average
Studio$947$1,338
1 bedroom$1,090$1,324
2 bedrooms$1,260$1,509
3 bedrooms$1,130$1,698
4 bedrooms$1,843$2,098

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

How expensive is Tonawanda Town 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 Town, so the New York figure is shown.

Taxes and bills in Tonawanda Town

🏛️ Property tax$4,380a year · 2.04% of home value · U.S. $3,119
⚡ Electric bill$97a month (typical) · U.S. $156

Life in Tonawanda Town

Commute to work21.3 minU.S.: 26.4 min
College degree39.4%U.S.: 35.7%
Own their home73.1%U.S.: 65.2%
Below poverty line10%U.S.: 12.5%
Unemployment3.5%U.S.: 5.2%

Is it cheaper to rent or buy in Tonawanda Town?

Renting is cheaper right now: about $98 a month less.

Renting
$1,395
Owning
$1,493

Owning assumes a typical $215,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,520 for the down payment.

Frequently asked questions

What is the average rent in Tonawanda Town, NY?

Renting in Tonawanda Town costs a median of about $1,395 a month in 2026, including utilities. The New York median is $2,177.

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

To keep rent under 30% of income, you need about $55,800 a year, or $27 an hour at a full-time job.

Is Tonawanda Town cheap or expensive?

Tonawanda Town is rated Cheap: rent takes 20.0% of the typical household income of $83,777. It ranks 76th cheapest of 343 New York cities we track.

How much are property taxes in Tonawanda Town?

The median homeowner in Tonawanda Town pays $4,380 a year in property taxes, about 2.04% of the median home value.

Is Tonawanda Town 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 Town?

The median home value in Tonawanda Town is $215,200, about 2.6 times the typical yearly household income.

56,806 people live in Tonawanda Town. Numbers are typical (middle) values.