Cost of Living in Binghamton, NY
2024 data from the Bureau of Economic Analysis
Cost Index
92.9
7.1% below avg
Housing Index
69.7
Median Income
$61,271
Median Rent
$884/mo
Cost Breakdown
Overall92.9 (-7.1%)
Housing69.7 (-30.3%)
Goods99.7 (-0.3%)
Utilities131.6 (+31.6%)
Other Services97.8 (-2.2%)
National average = 100
Income & Housing
Median Household Income
$61,271/year
Median Home Value
$140,300
Median Monthly Rent
$884/mo
Per Capita Income
$34,462/year
Compare Binghamton, NY With
Binghamton, NY vs Greensboro, NCBinghamton, NY vs South Bend, INBinghamton, NY vs Lexington, KYBinghamton, NY vs Oshkosh, WIBinghamton, NY vs Eau Claire, WIBinghamton, NY vs Springfield, ILBinghamton, NY vs Slidell, LABinghamton, NY vs Columbus, INBinghamton, NY vs Blacksburg, VABinghamton, NY vs Yuma, AZ
Frequently Asked Questions
Is Binghamton, NY expensive to live in?
Binghamton, NY has a cost of living index of 92.9, which is 7.1% below the national average.
How much does housing cost in Binghamton, NY?
Housing costs in Binghamton, NY are indexed at 69.7 compared to the national average of 100. The median monthly rent is $884.
What is the average income in Binghamton, NY?
The median household income in Binghamton, NY is $61,271 per year.
What is the average home price in Binghamton, NY?
The median home value in Binghamton, NY is $140,300.