Here's what it costs to live in Niagara Falls, New York, based on the latest US government data. Renters pay a median of $823 per month, while the typical home is valued around $115,300. Households earn a median of $49,101 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$49,101
Median Income / yr
Census ACS
$823
Median Rent / mo
Census ACS
$115,300
Median Home Value
Census ACS
N/A
Cost of Living Index
1BR Fair Market Rent
N/A
HUD · FY2024
2BR Fair Market Rent
N/A
HUD · FY2024
3BR Fair Market Rent
N/A
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
47,987
Latest estimate
Median Age
40.8 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$787
Per month
Avg Home Value
$94,850
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 14301 | — | $734 | $69,200 |
| ZIP 14302 | — | — | — |
| ZIP 14303 | — | $843 | $72,800 |
| ZIP 14304 | — | $817 | $141,600 |
| ZIP 14305 | — | $754 | $95,800 |
January Avg
26°F
July Avg
73°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.0
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
95.9%
The cost of living index for Niagara Falls is not yet available.
The median gross rent in Niagara Falls is $823 per month according to US Census ACS data.
The median household income in Niagara Falls is $49,101 per year.
The median home value in Niagara Falls is $115,300 based on the latest Census ACS survey.
Air quality data for Niagara Falls is not yet available.
Tax data for New York is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
