Newark, New Jersey vs. Binghamton, New York

Cost of Living Comparison

The cost of living in Binghamton, New York is 39.2% cheaper than Newark, New Jersey.

You would need a salary of $94,896 in Binghamton, New York to maintain the standard of living you have in Newark, New Jersey.
Comparison highlights
• Overall, Binghamton, New York is cheaper than Newark, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
66% cheaper in Binghamton
than in Newark, New Jersey
Newark, NJ vs. Binghamton, NY
Compared to Newark, Binghamton is:
  Homeowner
      No Child Care, Taxes not Considered
  39.2% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  5.8% lower
  Housing (Homeowner)
  70.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  15.7% lower
  Commute
  50.5% lower
  Health
  15.4% higher
  Taxes
  Childcare
  Personal
  14.1% lower