Housing costs in Binghamton?
A typical home costs
$122,100, which is 63.9% less expensive than the national average of
$338,100 and 70.5% 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 13904), New York, a minimum annual income of
$23,400 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Binghamton?
The cost of living in 13904 Binghamton, NY is very affordable compared to other cities in the US. According to a recent study, housing expenses and overall groceries are about 10% lower than the national average. In addition, transportation costs and utility bills are also significantly lower, making 13904 Binghamton an ideal place for cost-conscious individuals and families. The median home price in the area is currently around $140,000, which is less than half of what you would expect to pay in similarly sized cities. Furthermore, there is no state income tax imposed on residents of New York State. All these factors make 13904 Binghamton a great choice for people looking for an affordable life in a beautiful part of New York State.