CostByCity

Binghamton, NY vs Miami, FL

Cost of Living Comparison

Binghamton, NY is more affordable by 21.3 index points

Side-by-Side Comparison

CategoryBinghamton, NYMiami, FLDifference
Overall92.9114.2-21.3
Housing69.7155.6-85.9
Goods99.7103.6-3.9
Utilities131.697.2+34.3
Other Services97.8109.1-11.4

Income & Housing Comparison

MetricBinghamton, NYMiami, FL
Median Household Income$61,271$69,085
Median Home Value$140,300$369,500
Median Monthly Rent$884$1,657
Per Capita Income$34,462$39,957

Frequently Asked Questions

Is Binghamton, NY or Miami, FL cheaper to live in?
Binghamton, NY is more affordable. The cost of living difference is 21.3 index points (Binghamton, NY: 92.9, Miami, FL: 114.2).
Where is housing cheaper, Binghamton, NY or Miami, FL?
Housing is more affordable in Binghamton, NY. Housing index: Binghamton, NY (69.7) vs Miami, FL (155.6).