Binghamton, NY vs Detroit, MI
Cost of Living Comparison
Binghamton, NY is more affordable by 7.4 index points
Side-by-Side Comparison
| Category | Binghamton, NY | Detroit, MI | Difference |
|---|---|---|---|
| Overall | 92.9 | 100.3 | -7.4 |
| Housing | 69.7 | 94.7 | -25.0 |
| Goods | 99.7 | 98.8 | +0.9 |
| Utilities | 131.6 | 107.0 | +24.6 |
| Other Services | 97.8 | 102.6 | -4.8 |
Income & Housing Comparison
| Metric | Binghamton, NY | Detroit, MI |
|---|---|---|
| Median Household Income | $61,271 | $72,456 |
| Median Home Value | $140,300 | $223,800 |
| Median Monthly Rent | $884 | $1,112 |
| Per Capita Income | $34,462 | $40,536 |
Frequently Asked Questions
Is Binghamton, NY or Detroit, MI cheaper to live in?
Binghamton, NY is more affordable. The cost of living difference is 7.4 index points (Binghamton, NY: 92.9, Detroit, MI: 100.3).
Where is housing cheaper, Binghamton, NY or Detroit, MI?
Housing is more affordable in Binghamton, NY. Housing index: Binghamton, NY (69.7) vs Detroit, MI (94.7).