Housing costs in Binghamton?
A typical home costs
$139,300, which is 58.8% less expensive than the national average of
$338,100 and 66.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Binghamton costs
$960 per month, which is 51.0% cheaper than the national average of
$1,960 and close to the state average of
$960.
Can I afford Binghamton?
To live comfortably in Binghamton (zip 13903), New York, a minimum annual income of
$26,640 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Binghamton?
The cost of living in 13903 Binghamton, NY is quite reasonable. According to the BestPlaces website, the overall cost of living index in this area is 80.7, which is lower than the national average of 100. This means that residents can enjoy a good standard of living while still spending less than what they would pay for in other areas of the country. Rent here is also quite reasonable, as one-bedroom apartments typically rent for around $700 a month. In addition, basic groceries and dining out are not too expensive either, making Binghamton a great place to live if you're looking to save money.