Cost of Living in Gowanda, NY 2025

-3% | Lower Than National Avg.
110% | Lower Than State Avg.
Gowanda's 2025 cost of living is $2407 per month for singles and $5300 per month for families of four. Living costs in Gowanda are 3% lower than the U.S. national average and 110% lower than New York's state average. This reflects a 2% increase from 2024. The primary drivers of Gowanda's cost of living are soaring housing costs, elevated transportation expenses, and rising food prices. See how Gowanda's cost of living affects your budget or salary needs with Salary.com's free Cost of Living Calculator.

Cost of Living Calculator


How does Gowanda's cost of living compare to the national average in 2025?

Living in Gowanda is less expensive than the national average, with housing costs 35.4 % lower at $775 per month for a single person and $1422 per month for a family of four. Food expenses run 23.0 % below average at $308 monthly for an individual and $1001 for a family, while energy, transportation and healthcare costs are 14.7 % lower at about $746 per month for one person and $1642 for a household. These costs bring the total monthly expenses to $1829 for a single person and $4065 for a family of four, making Gowanda one of America's least expensive cities.
Expense Category Average Monthly Expense Single Person Average Monthly Expense Family of Four Gowanda compare to: U.S. Average
Housing
Housing
775 1422
-35.4%
Food
Food
308 1001
-23.0%
Energy
Energy
179 307
2.2%
Transportation
Transportation
329 699
-17.8%
Healthcare
Healthcare
238 636
-20.5%

How does the cost of living compare when moving from other major cities to Gowanda?

Gowanda's 2025 cost of living is 94% lower than San Francisco, 47% less than Washington, 21% below Miami , 16% lower than Chicago, 57% less than Boston , and 80% below New York. Essential for evaluating relocation costs and salary needs in Gowanda.
Move From Move To Cost of Living Comparison
San Francisco, CA Gowanda
-94.0%
Washington, DC Gowanda
-47.0%
Miami, FL Gowanda
-21.0%
Chicago, IL Gowanda
-16.0%
Boston, MA Gowanda
-57.0%
New York, NY Gowanda
-80.0%
Dallas, TX Gowanda
-10.0%

About Gowanda, NY

Gowanda is a village in western New York in the United States. It lies partly in Erie County and partly in Cattaraugus County. The population was 2,709 at the 2010 census. The name is derived from a local Seneca language term meaning "almost surrounded by hills" or "a valley among the hills". The Erie County portion of Gowanda is part of the Buffalo–Niagara Falls Metropolitan Statistical Area, while the Cattaraugus County portion is part of the Olean Micropolitan Statistical Area. The village is partly in the Town of Collins in Erie County and partly in the Town of Persia in Cattaraugus County...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia


Comments about the cost of living in Gowanda, NY

Buying a home and the cost of living

If you want to buy a home in the beautiful state of New York, you will find that it is one of the highest residential home markets in the country. Purchasing a home can be a lengthy and complex process. Besides the down payment, which is usually 15-20% of the selling price, there will be closing costs. If you own a home in your former location the sale of that home needs to be completed as well. Once you have purchased and moved into your new home, there will be utility and maintenance costs as well as property taxes and home insurance that will contribute to your cost of living. The advantages of living in New York are many, but the high cost of buying a home is not one of them. ( 2025-07-24 salary.com )

Healthcare access and affordability and your cost of living

New York is ranked number 13 out of all states in overall healthcare access and affordability. Healthcare costs make up a significant part of the cost of living. The ability to afford healthcare as well as the ability to access care are key indicators of how much you will be paying for this important resource if you move to another state. Affordability is generally measured by the rates set for insurance coverage in a state, as well as the out-of-pocket expenses that need to be paid by you when receiving the care. If rates or out-of-pocket expenses are high, your cost of living will increase. Access to healthcare is how easy or difficult it may be to receive the care. Access is measured by identifying barriers that might prevent the delivery of care such as the inability to obtain insurance coverage, having to travel long distances to health care centers and lack of sufficient facilities and/or healthcare professionals. The timeliness of care, how fast you can get to see a healthcare provider, is another important measure. ( 2025-07-24 salary.com )


Cost of Living Frequently Asked Questions

What is a Cost of Living index and how is it used?

In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities. A COL index may be used to measure what the cost difference would be for a person living in a certain location compared to another location. This cost of living comparison helps individuals make decisions about where they would like to live and what they can afford based on the costs in that location. A cost of living comparison can provide guidance about how an increase or decrease in these basic living expenses impacts necessary spending for an individual or a family. ( 2025-07-24 salary.com )

What factors are included in estimating your cost of living?

The Salary.com cost of living calculator estimate is based on data related to five general categories: housing, food, healthcare, transportation, and energy. These are the universally recognized core components of any cost of living estimate and represent those expenses that apply to everyone. Obviously, there may be other factors that could contribute to your particular cost of living situation and not everyone has the same spending habits. For example, education and/or childcare costs might not apply to everyone, but for those who have those expenses, they could be significant and should be considered when you evaluate your cost of living comparison. ( 2025-07-24 salary.com )
The Salary.com cost of living calculator is unique in that it also incorporates current salary data for thousands of jobs specific to a chosen home or work location to provide a more refined estimate of the cost of living variations. You can see how your job and your salary will be impacted by a change of location. If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make cost of living comparisons cost comparisons easily and quickly. ( 2025-07-24 salary.com )

See how much you can get when it is an hourly pay

Use our Salary Converter Tool, a user-friendly resource designed to see how much your salary will be if converted into hourly/weekly/biweekly/monthly/yearly pay. With just a few clicks, you can gain valuable insights into your earning potential, ensuring you make informed financial decisions.

See how much you can get when it is a yearly pay

Use our Salary Converter Tool, a user-friendly resource designed to see how much your salary will be if converted into hourly/weekly/biweekly/monthly/yearly pay. With just a few clicks, you can gain valuable insights into your earning potential, ensuring you make informed financial decisions.
Last Update: 2025-07-24