Housing costs in Binghamton?
A typical home costs
$155,600, which is 54.0% less expensive than the national average of
$338,100 and 62.4% 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 (zip 13901), 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 13901 Binghamton, NY is relatively affordable compared to the rest of the United States. Currently, the median home cost is $82,800 which is significantly lower than the national average of $184,700. Furthermore, utilities are quite reasonable with a monthly electric bill averaging around $128 and a monthly gas bill averaging around $62. Even basic necessities like groceries are generally cheaper in 13901 Binghamton, making it a great place to live if you're looking for a more economical lifestyle.