Cost of living in Depew research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Depew is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Depew is 89, with 100 being the average.
The cost of living index in Depew is 0.9x lower than the national average.
Depew ranks as the #29 cheapest in New York out of 340.
Depew ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Depew is $134,400.
The median income in Depew is $65,292.
According to the most recent data on the cost of living, Depew has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to New York, Depew has a cost of living index that's 0.7x lower than New York's index of 126.
The standard of living in Depew ranks as #29 most affordable out of the 340 places we measured in New York. By definition, that implies Depew ranks as the #311 most expensive place in the Empire State.
For more reading on life in Depew, check out:
Six factors go into calculating the cost of living index in Depew. Here is how it fairs on each of the criteria:
The Services index in Depew is 98.
The Groceries index in Depew is 96.
The Health index in Depew is 87.
The Housing index in Depew is 67.
The Transportation index in Depew is 96.
The Utilities index in Depew is 97.
Living Expense | Depew | New York | National Average | |
---|---|---|---|---|
Overall | 89 | 126 | 100 | |
Services | 98 | 110 | 100 | |
Groceries | 96 | 104 | 100 | |
Health | 87 | 105 | 100 | |
Housing | 67 | 175 | 100 | |
Transportation | 96 | 107 | 100 | |
Utilities | 97 | 102 | 100 |
Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Depew is $134,400.
The Median Rent in Depew is $948.
The Median Income in Depew is $65,292.
The Home Value To Income in Depew is 2.1x.
The Rent To Monthly Income in Depew is 0.17x.
Statistic | Depew | New York | United States |
---|---|---|---|
Median Home Value | $134,400 | $340,600 | $244,900 |
Median Rent | $948 | $1,390 | $1,163 |
Median Income | $65,292 | $75,157 | $69,021 |
Home Value To Income | 2.1x | 4.5x | 3.5x |
Rent To Monthly Income | 0.17x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Depew. Here's a quick look at the cost of living in the most populous nearby places:
Cheektowaga, NY has a cost of living index of 88, 1.0x Depew.
West Seneca, NY has a cost of living index of 91, 1.0x Depew.
Kenmore, NY has a cost of living index of 89, 1.0x Depew.
City | Population | Cost Of Living | Vs. Depew |
---|---|---|---|
Cheektowaga, NY | 76,497 | 88 | 1.0x |
West Seneca, NY | 45,390 | 91 | 1.0x |
Kenmore, NY | 15,207 | 89 | 1.0x |
Eggertsville, NY | 14,577 | 89 | 1.0x |
Lancaster, NY | 10,046 | 89 | 1.0x |
Hamburg, NY | 9,722 | 91 | 1.0x |
East Aurora, NY | 6,095 | 97 | 1.1x |
Harris Hill, NY | 6,078 | 104 | 1.2x |
Williamsville, NY | 5,419 | 93 | 1.0x |