Similar to its surrounding areas, it's a lot less expensive compared to the nation as a whole. Compared to the city of Buffalo however, it is a lot more expensive.
Home prices
The median home in Tonawanda is valued at $139,300. Compared to nearby areas this is approximately $7,020 (4%) lower.It is roughly $78,200 (35%) lower compared to the rest of the country, and in comparison to the city of Buffalo is approximately $49,500 (55%) higher.
Rents
In Tonawanda the median monthly rent is $863. Compared to nearby areas it is is very similar.It is approximately $199 (18%) lower in comparison to the nation as a whole, and compared to the city of Buffalo is about $87 (11%) higher.
Nearby places
Kenmore
Kenmore is Tonawanda's neighbor to the south. Real estate prices there are similar. The median home cost in Kenmore is $133,600, which is $5,700 (4%) lower than Tonawanda. Rent there is a bit less expensive. In Kenmore the median rent is $783 a month, which is $80 (10%) lower than Tonawanda.
Grandyle Village
Grandyle Village is Tonawanda's neighbor to the west. Its real estate prices are a bit more expensive. The cost of the median home in Grandyle Village is $148,600, which is $9,300 (6%) higher than Tonawanda. Rent there is a bit more expensive. The median rent in Grandyle Village is $988 per month, which is $125 (12%) higher than Tonawanda.
Eggertsville
Eggertsville is Tonawanda's neighbor to the east. Housing prices there are a little more expensive. The median home in Eggertsville costs $155,900, which comes out to $16,600 (10%) higher than Tonawanda. Rents there are similar. In Eggertsville the median rent is $885 per month, which is $22 (2%) higher than Tonawanda.
North Tonawanda
North Tonawanda is Tonawanda's neighbor to the north. Its housing prices are a little less expensive. The median home cost in North Tonawanda is $122,700, which comes out to $16,600 (13%) lower than Tonawanda. Its rents are somewhat less expensive. In North Tonawanda the median monthly rent is $706, which works out to $157 (22%) lower than Tonawanda.
Williamsville
Williamsville is about 6 miles east of Tonawanda. Housing prices there are somewhat more expensive. The median home in Williamsville costs $170,800, which comes out to $31,500 (18%) higher than Tonawanda. Rent there is somewhat more expensive. Williamsville's median monthly rent is $986, which comes out to $123 (12%) higher than Tonawanda.