Cost of Living: Binghamton, NY vs Syracuse, 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 Syracuse, NY. In the model, rent is about 12.63% of gross in Binghamton, NY versus 14.54% in Syracuse, 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 Syracuse, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Syracuse, NY
- Lower rent (median 1BR/2BR): Binghamton, NY
- Lower home prices: Binghamton, NY
- Higher median household income: Syracuse, NY
Cost of Living Index
Binghamton, NY: 100 (U.S. = 100) · Syracuse, NY: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Binghamton, NY: $824/mo (midpoint of 1BR/2BR) · Syracuse, NY: $948/mo
Median rent in Syracuse, NY is $124/mo higher than in Binghamton, NY.
Median Home Price
Binghamton, NY: $117,400 · Syracuse, NY: $125,100
Median home price in Syracuse, NY is $7,700 higher than in Binghamton, NY.
Median Household Income
Binghamton, NY: $44,331 · Syracuse, NY: $45,845
Syracuse, NY has a higher median household income than Binghamton, NY by $1,514.
Binghamton, NY overview · Syracuse, NY overview · Popular comparisons