Cost of Living: Binghamton, NY vs Rochester, NY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,116/mo in Binghamton, NY versus $4,116/mo in Rochester, NY. In the model, rent is about 12.63% of gross in Binghamton, NY versus 15.14% in Rochester, NY, so Binghamton, NY tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Binghamton, NY and Rochester, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Rochester, NY
- Lower rent (median 1BR/2BR): Binghamton, NY
- Lower home prices: Binghamton, NY
- Higher median household income: Rochester, NY
Cost of Living Index
Binghamton, NY: 100 (U.S. = 100) · Rochester, NY: 88.4 (U.S. = 100)
Rochester, NY has a lower cost-of-living index than Binghamton, NY, so a given salary generally stretches further there.
Median Rent
Binghamton, NY: $824/mo (midpoint of 1BR/2BR) · Rochester, NY: $987/mo
Median rent in Rochester, NY is $163/mo higher than in Binghamton, NY.
Median Home Price
Binghamton, NY: $117,400 · Rochester, NY: $120,600
Median home price in Rochester, NY is $3,200 higher than in Binghamton, NY.
Median Household Income
Binghamton, NY: $44,331 · Rochester, NY: $46,628
Rochester, NY has a higher median household income than Binghamton, NY by $2,297.
Binghamton, NY overview · Rochester, NY overview · Popular comparisons