Menomonie, Wisconsin vs. Binghamton, New York

Tax Compare

Our Premium Cost of Living Calculator includes, State and Local Income Taxes, State and Local Sales Taxes, Real Estate Transfer Fees, Federal, State, and Local Consumer Taxes (Gasoline, Liquor, Beer, Cigarettes), Corporate Taxes, plus Auto Sales, Property and Registration Taxes, and an Online Tool to customize your own personal estimated tax burden. Click here to customize.

Taxes
  7.1% lower in Binghamton, New York
than in Menomonie, Wisconsin
Assumptions
  • Single, standard deduction, one exemption
  • Sales tax includes food and services
  • Real tax taxes are based on the local median home price
  • Car taxes assume a new Honda Accord costing $25,000
   Cost of living
      State level
Menomonie, WI    Binghamton, NY    U.S. Avg
100 = US Avg. Below 100 means cheaper. Above 100 means more expensive. About our Cost of Living Index
   Customize Your Own Personal Estimated Taxes
Enter your income and we will give you your estimated taxes in Menomonie, Wisconsin, we will also give you your estimated taxes in Binghamton, New York.
Menomonie, WIBinghamton, NYDifference
2019 Federal Inc. Tax$430$430 
State Income Taxes$217$340  $123 higher
Sales Taxes$188$273  $85 higher
Real Estate Taxes$4,030$2,500  $1,530 lower
Motor Vehicle Taxes$0$0  $0 higher
Total Taxes$4,865$3,543  $1,322 higher
Marginal Rate4.0%4.5%
Effective Rate1.3%2.1%
   Annual taxes
      Based on $60,000 income
   Social security taxes
Menomonie, WIBinghamton, NY
Tax Social SecurityNoNo
Social Security Note  
   Estimated sales tax
      State level, based on annual income of $75,000
Menomonie, WI    Binghamton, NY    U.S. Avg
   Tax on food
Menomonie, WIBinghamton, NY
Sales Tax On FoodNoNo
   Real estate tax
Menomonie, WI    Binghamton, NY    U.S. Avg
Assumes the local median home price and sales tax is amoritized over 13 years.
   Vehicle tax
Menomonie, WI    Binghamton, NY    U.S. Avg
Assumes a new $25,000 Honda Accord and Sales Tax is amortized over 6 years.
   Other taxes
      State level
Menomonie, WI    Binghamton, NY    U.S. Avg
* grt = Gross Receipts Tax. In this state, the corporation is required to pay the gross receipts tax on each sale instead of a traditional income tax based on its earnings. The effect is that a percentage of the total revenue or gross receipts for each sale has to be paid to the state as tax. The gross receipts tax is much like a Value Added Tax, only for businesses rather than individuals. Four states impose gross receipt taxes, Nevada, Ohio, Texas, and Washington.
Cost of Child care