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Cost of living in Binghamton, NY

Livability score 65 · cost-of-living index 92.1 (US = 100)

Binghamton, NY
Photo: Quintin Soloviev via Commons · CC BY 4.0

How Binghamton compares

Where Binghamton falls within the range of all 200 metros (marker = this city).

Cost-of-living index (US=100) 85 118 Cost-of-living index (US=100): 92 — range 85 to 118 across all metros 92 Median home price $149k $1610k Median home price: $198k — range $149k to $1610k across all metros $198k Price per sqft (more house = lower) $88 $1074 Price per sqft (more house = lower): $124 — range $88 to $1074 across all metros $124 Combined sales tax 0.0% 11.5% Combined sales tax: 8.5% — range 0.0% to 11.5% across all metros 8.5% Property tax rate 0.28% 2.76% Property tax rate: 2.62% — range 0.28% to 2.76% across all metros 2.62% Violent crime (per 100k, state avg) 110 1,000 Violent crime (per 100k, state avg): 350 — range 110 to 1,000 across all metros 350 Electricity (¢/kWh) 12.3 46.6 Electricity (¢/kWh): 29.4 — range 12.3 to 46.6 across all metros 29.4 Avg summer high (°F) 65° 104° Avg summer high (°F): 83° — range 65° to 104° across all metros 83° Avg winter low (°F) -2° 72° Avg winter low (°F): 16° — range -2° to 72° across all metros 16°

Map of Binghamton

Grocery stores, parks, golf courses and more — real listings. Toggle categories in the legend.

Map data © OpenStreetMap contributors · business listings via Google Maps

Cost of living

MetricValueScopeUS rank
Cost-of-living index (US=100) 92.1 metro-area #59 of 200
Grocery index (US=100) 97.4 metro-area #125 of 200
Big Mac price (est.) $5.24 metro-area #59 of 200
Median household income $61,271 metro-area #168 of 200
Median wage (all occupations) $36,259 metro-area #159 of 200

Who lives here

MetricValueScopeUS rank
Median age 40.4 years metro-area #153 of 200
Bachelor's degree or higher (25+) 29.5% metro-area #142 of 200
Foreign-born residents 6.0% metro-area #144 of 200
Homes that are owner-occupied 67.3% metro-area #86 of 200

Economy

MetricValueScopeUS rank
Unemployment rate 6.67% metro-area #176 of 200
Population growth (5-yr) +0.5% metro-area #160 of 200

Housing — what your money buys

MetricValueScopeUS rank
Median home price $198,435 metro-area #11 of 200
Home price ÷ income (affordability) 3.2× metro-area #6 of 200
1-yr home appreciation +5.6% metro-area #14 of 200
Price per square foot $124 metro-area #34 of 200
Typical home size (implied) 1,600 sqft
Median rent (monthly) $1,313 metro-area #29 of 200
Homes for sale (inventory) 479
Median days on market 11 metro-area #57 of 200

Taxes

MetricValueScopeUS rank
Total tax burden (est. % of income) 15.9% state #193 of 200
Combined sales tax 8.52% state #141 of 200
State income tax (top rate) 10.90%
Capital gains tax 10.90% state #171 of 200
High earners Top rates up to 10.9% on multimillion-dollar incomes
Social Security in retirement Not taxed — does not tax Social Security benefits
Effective property tax rate 2.62% metro-area #197 of 200
Median property tax paid $3,674 metro-area #144 of 200

Health & childcare

MetricValueScopeUS rank
Life expectancy at birth 76.9 years metro-area #89 of 200
Healthcare (annual, single adult) $7,800 state #182 of 200
Uninsured (share of residents) 5.0% metro-area #18 of 200
Primary care providers per 100k 69 metro-area #131 of 200
Childcare (annual, infant, center) $17,000 state #170 of 200

Vehicles & commute

MetricValueScopeUS rank
Annual registration $70 state #38 of 200
Vehicle property tax (annual) None state #1 of 200
Emissions testing Required
Emissions detail Required in major metro counties
DMV & license offices 4
Avg commute to work 21 min metro-area #17 of 200
Commute by driving alone 75.3% metro-area #101 of 200
Solo drivers commuting 30+ min 18.8% metro-area #8 of 200

Utilities & fuel

MetricValueScopeUS rank
Electricity 29.4¢/kWh state #166 of 200
Avg monthly electric bill $265 state #166 of 200
Gasoline $3.45/gal state #142 of 200
Natural gas (avg monthly bill) $98 state #186 of 200
Water & sewer (avg monthly bill) $87 state #57 of 200
Home internet (avg monthly bill) $76 state #20 of 200

Insurance

MetricValueScopeUS rank
Home insurance (annual) $1,600 state #80 of 200
Auto insurance (annual) $2,100 state #126 of 200

Disaster risk & supplemental insurance

MetricValueScopeUS rank
Main natural hazards Notable hazards: hurricanes, flooding — separate flood/quake/windstorm policies may be needed.
FEMA National Risk Index (0–100, higher = more risk) 82.1 — Relatively Moderate metro-area #38 of 200
Flood insurance (annual, NFIP) $800 state #120 of 200
Earthquake insurance (annual) $100 state #1 of 200

Climate & air quality

MetricValueScopeUS rank
Air quality (median AQI, lower=cleaner) 42 metro-area #57 of 200
Cooling degree-days (AC load) 700 metro-area #25 of 200
Homes with air conditioning (state) 88% state #143 of 200
Heating degree-days (heat load) 6,000 metro-area #168 of 200
Days per year ≥ 90°F 1 metro-area #3 of 200
Days per year ≥ 100°F 0 metro-area #5 of 200
Avg summer high (state) 83°F metro-area #21 of 200
Avg winter low 16°F metro-area #168 of 200
Annual precipitation 40.0" metro-area #81 of 200
Annual snowfall 65.0" metro-area #195 of 200
Sunshine (% of possible) 48% metro-area #186 of 200
Plant hardiness zone 6a
Frost window 04-30 → 10-15

Safety

MetricValueScopeUS rank
Violent crime (per 100k, state avg) 350 state #51 of 200
Property crime (per 100k, state avg) 1,450 state #24 of 200

Local amenities & recreation

MetricValueScopeUS rank
Grocery stores 120 metro-area #5 of 200
Parks 60
Hiking areas 15
Golf courses 15
Shooting ranges 4
Lakes 4

Permits

MetricValueScopeUS rank
Building permit difficulty (1–5) 5 state #165 of 200
Permit detail Very difficult; NYC DOB long timelines

US rank = this metro's position among all 200 metros (1 = best: cheapest / safest / highest income, etc.). Childcare is a family cost, not included in the salary-equivalence total.

Top employers in Binghamton

Major public and private employers in the Binghamton, NY area.

EmployerSectorJobs
Binghamton University Education Careers →
Lockheed Martin Aerospace/Defense Careers →
BAE Systems Aerospace/Defense Careers →
United Health Services Healthcare Search →
Raymond Corporation Manufacturing Search →

Salaries by occupation in Binghamton

Local median pay, BLS OEWS. All occupations →

OccupationMedian pay
Dentists $170,980
Marketing Managers $152,720
Human Resources Managers $148,430
Physician Assistants $135,080
Financial Managers $133,940
Pharmacists $126,580
Lawyers $110,750
Software Developers $110,560
Construction Managers $93,370
Data Scientists $91,610
Physical Therapists $89,850
General & Operations Managers $87,620
Civil Engineers $86,130
Mechanical Engineers $84,990
Registered Nurses $84,680
Police & Sheriff's Patrol Officers $81,270
Web Developers $78,380
Plumbers, Pipefitters & Steamfitters $76,290
Dental Hygienists $75,760
Accountants & Auditors $75,350
Elementary School Teachers $74,460
Electricians $71,800
Carpenters $51,830
Heavy & Tractor-Trailer Truck Drivers $51,650
Graphic Designers $49,550
Welders, Cutters & Solderers $46,280
Medical Assistants $38,210

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