Albany, NY vs Binghamton, NY
Cost of Living Comparison
Binghamton, NY is more affordable by 6.7 index points
Side-by-Side Comparison
| Category | Albany, NY | Binghamton, NY | Difference |
|---|---|---|---|
| Overall | 99.6 | 92.9 | +6.7 |
| Housing | 102.6 | 69.7 | +32.9 |
| Goods | 99.7 | 99.7 | 0.0 |
| Utilities | 134.0 | 131.6 | +2.5 |
| Other Services | 97.8 | 97.8 | 0.0 |
Income & Housing Comparison
| Metric | Albany, NY | Binghamton, NY |
|---|---|---|
| Median Household Income | $83,360 | $61,271 |
| Median Home Value | $254,100 | $140,300 |
| Median Monthly Rent | $1,181 | $884 |
| Per Capita Income | $44,919 | $34,462 |
Frequently Asked Questions
Is Albany, NY or Binghamton, NY cheaper to live in?
Binghamton, NY is more affordable. The cost of living difference is 6.7 index points (Albany, NY: 99.6, Binghamton, NY: 92.9).
Where is housing cheaper, Albany, NY or Binghamton, NY?
Housing is more affordable in Binghamton, NY. Housing index: Albany, NY (102.6) vs Binghamton, NY (69.7).