Housing costs in Binghamton?
A typical home costs
$145,900, which is 56.8% less expensive than the national average of
$338,100 and 64.7% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Binghamton costs
$1,020 per month, which is 48.0% cheaper than the national average of
$1,960 and 5.9% more than the state average of
$960.
Can I afford Binghamton?
To live comfortably in Binghamton (zip 13905), New York, a minimum annual income of
$28,080 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Binghamton?
The cost of living in 13905 Binghamton, NY is quite reasonable. Housing costs are competitive and often much lower than other cities in the area. The average rent for a one-bedroom apartment is around $600 per month with utilities included. Groceries and other necessities are also relatively inexpensive compared to other parts of the state. Transportation is convenient too as the city has a good public bus system and there are plenty of nearby highways for quick access to larger cities like Syracuse or Albany. All in all, the cost of living in Binghamton makes it an attractive option for those looking for an affordable place to live.