Housing costs in Binghamton?
A typical home costs
$156,400, which is 53.7% less expensive than the national average of
$338,100 and 62.2% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Binghamton costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 104.2% cheaper than the state average of
$1,960.
Can I afford Binghamton?
To live comfortably in Binghamton New Y Metro Area, New York, a minimum annual income of
$29,880 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Binghamton?
The cost of living in Binghamton, NY Metro Area is 81.6, which is considerably lower than the US average cost of living of 100. This means that residents in this area could save money when buying goods and services compared to other areas in the country. The median house value in Binghamton is also lower than the national average at $156,400 compared to $338,100. This makes it an attractive place for those interested in owning a home or renting at an affordable price.