Cost of Living / Binghamton, NY Metro
Cost of Living in Binghamton, NY Metro
Official metro name: Binghamton, NY Metro Area
Binghamton, NY Metro has a population of 246,709. Median household income is $61,271 and median rent is $884 per month. Rent is roughly 17.3% of median monthly income.
State: NYPopulation: 246,709Income: $61,271Rent: $884Affordability: Affordable (17.3%)
Median Household Income
$61,271
Annual (ACS median)
Median Rent
$884
Monthly (ACS median gross rent)
Rent as % of Income
17.3%
rent ÷ (income/12)
Cost Index
82
Simplified relative index
Is Binghamton, NY Metro expensive?
Based on median rent and income, Binghamton, NY Metro has a Affordable rent burden. Median rent is $884, which is about 17.3% of median monthly household income.
Average rent in Binghamton, NY Metro
Median rent (ACS) is $884 per month. (Neighborhoods vary widely.)
How much income do you need in Binghamton, NY Metro?
Median household income (ACS) is $61,271 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in NY
Compare Binghamton, NY Metro with nearby metros:
- Binghamton, NY Metro vs New York, NY Metro
- Binghamton, NY Metro vs Buffalo–Cheektowaga, NY Metro
- Binghamton, NY Metro vs Rochester, NY Metro
- Binghamton, NY Metro vs Albany, NY Metro
- Binghamton, NY Metro vs Poughkeepsie, NY Metro
- Binghamton, NY Metro vs Syracuse, NY Metro
- Binghamton, NY Metro vs Utica–Rome, NY Metro
- Binghamton, NY Metro vs Kingston, NY Metro
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.