Cost of Living in Binghamton, NY - Updated Prices & Insights

Monthly Cost of Living

Living costs for one person come to about $2,325 monthly including rent, or $1,180 excluding housing.

Estimated monthly costs for a couple: $3,466 with rent, or $2,126 without housing.

Monthly costs for a family of three come to about $4,608 including rent, or $3,072 for daily expenses alone.

Meal at Budget Restaurant

$20.12 $20.12

$10.06 $10.06

$36.21 $36.21

Three-Course Dinner for Two, Mid-Range

$49.69 $49.69

$39.75 $39.75

$84.5 $84.5

Fast Food Meal (McDonalds, etc)

$9.86 $9.86

$8.88 $8.88

$16.76 $16.76

Cappuccino

$4.56 $4.56

$1.94 $1.94

$5.82 $5.82

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.39 $2.39

$1.97 $1.97

$2.96 $2.96

Water (0.33 liter bottle)

$2.01 $2.01

$1.54 $1.54

$2.82 $2.82

Local Beer (0.5 liter draught)

$4.89 $4.89

$3.67 $3.67

$19.56 $19.56

Imported Beer (0.33 liter bottle)

$4.87 $4.87

$9.74 $9.74

Milk (1 liter)

$0.91 $0.91

$0.67 $0.67

$1.34 $1.34

White Bread (500g)

$3.17 $3.17

$2.47 $2.47

$4.29 $4.29

Rice (white) (1kg)

$6.01 $6.01

$2.16 $2.16

$10.93 $10.93

Eggs

$4.23 $4.23

$2.73 $2.73

$4.97 $4.97

Local Cheese (1kg)

$16.12 $16.12

$5.56 $5.56

$20.02 $20.02

Chicken Fillets (1kg)

$13.26 $13.26

$6.40 $6.40

$17.68 $17.68

Beef Round Steak (1kg)

$15.75 $15.75

$8.69 $8.69

$26.08 $26.08

Apples (1kg)

$7.94 $7.94

$2.77 $2.77

$8.86 $8.86

Banana (1kg)

$2.86 $2.86

$1.07 $1.07

$4.29 $4.29

Oranges (1kg)

$6.31 $6.31

$2.02 $2.02

$10.14 $10.14

Tomato (1kg)

$5.52 $5.52

$2.23 $2.23

$9.02 $9.02

Potato (1kg)

$3.74 $3.74

$1.12 $1.12

$7.88 $7.88

Onion (1kg)

$3.47 $3.47

$1.13 $1.13

$6.78 $6.78

Lettuce (1 head)

$2.02 $2.02

$1.51 $1.51

$2.52 $2.52

Water (1.5 liter bottle)

$2.70 $2.70

$2.03 $2.03

$4.05 $4.05

Cigarettes 20 Pack (Marlboro, Camel)

$15.05 $15.05

$12.04 $12.04

$15.05 $15.05

Wine (Bottle)

$15.30 $15.30

$8.16 $8.16

$25.50 $25.50

Local Beer (0.5 liter bottle)

$1.77 $1.77

Imported Beer (0.33 liter bottle)

$3.51 $3.51

$1.51 $1.51

$8.03 $8.03

One-way Ticket (Public Transport)

$1.94 $1.94

$2.43 $2.43

Public Transport Monthly Pass (Regular Price)

$71.1 $71.1

Taxi Start (Normal Tariff)

$6.08 $6.08

$4.06 $4.06

$8.62 $8.62

Taxi (Normal Tariff) (1km)

$2.13 $2.13

$1.82 $1.82

$3.20 $3.20

Taxi 1hour Waiting (Normal Tariff)

$41.49 $41.49

Gasoline (1 liter)

$0.85 $0.85

$0.77 $0.77

$0.96 $0.96

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$24.8K $24.8K

$23.5K $23.5K

$25.8K $25.8K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$28.7K $28.7K

$25.5K $25.5K

$31.2K $31.2K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$199 $199

$151 $151

$397 $397

SIM Card Monthly Plan (Calls and 10GB+ Data)

$47.78 $47.78

$42.58 $42.58

$88.1 $88.1

Internet (50+ Mbps, Unlimited Data)

$77.7 $77.7

$49.56 $49.56

$109 $109

Gym Membership (Monthly)

$53.0 $53.0

$40.36 $40.36

$65.6 $65.6

Tennis Court (1 Hour on Weekend)

$40.10 $40.10

Cinema Ticket

$12.76 $12.76

$11.78 $11.78

$24.54 $24.54

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,247 $1,247

$499 $499

$2,270 $2,270

International Primary School, 1 Child (Yearly)

$40.3K $40.3K

Jeans (Levis 501 Or Similar)

$53.1 $53.1

$19.93 $19.93

$99.6 $99.6

Summer Dress (H&M, Zara, etc)

$41.18 $41.18

$19.76 $19.76

$74.1 $74.1

Sport Shoes (Adidas, Nike)

$110 $110

$50.7 $50.7

$254 $254

Men's Leather Business Shoes

$130 $130

$39.91 $39.91

$299 $299

1-bedroom Apartment, City Center (Monthly)

$1,162 $1,162

$809 $809

$1,617 $1,617

1-bedroom Apartment, Outside City Center (Monthly)

$874 $874

$689 $689

$1,182 $1,182

3-bedroom Apartment, City Center (Monthly)

$2,109 $2,109

$1,398 $1,398

$2,995 $2,995

3-bedroom Apartment, Outside City Center (Monthly)

$1,511 $1,511

$1,277 $1,277

$1,720 $1,720

Buy Apartment in City Center (m2)

$1,256 $1,256

$1,195 $1,195

$1,314 $1,314

Buy Apartment Outside City Center (m2)

$1,261 $1,261

$1,199 $1,199

$1,319 $1,319

Average Monthly Net Salary (After Tax)

$3,619 $3,619

20-Year Fixed Mortgage Interest Rate (Annual %)

6.55

6.19

6.8

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update: June 2, 2026

Cost Breakdown

Expect to pay about $1,162 for a central one-bedroom, or $874 outside the center. At 32% of the average salary ($3,619), housing is the biggest financial pressure.

Average take-home pay sits at $3,619, while typical expenses reach $2,325. This leaves solid room for saving and lifestyle spending.

Expect to spend about $458 monthly on groceries. Dining out at a mid-range restaurant costs roughly $50.0 for two.

Public transport is priced at around $71.1 per month.

Cost Highlights

Rice is more expensive than 91% of cities in North America

Internet is more expensive than 90% of cities in North America

Family monthly cost (excluding rent) is more expensive than 90% of cities in North America

Binghamton, NY Median Internet Speeds (Updated April 2026)

Mobile

Mbps

Fixed Broadband

Mbps

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

City tags:

🌎 North america

Cost of Living in Binghamton, NY - Frequently Asked Questions

Binghamton, NY, United States offers a favorable Cost of Living in [location] for those who want balance without the intensity of big metro life. Compared with major metropolitan areas, you’ll typically find more room to breathe, a simpler housing search, and lower daily costs for meals and transit. Utilities and services tend to be predictable, and a college-town mix of culture, cafes, and outdoor spaces adds value beyond price. The city suits travelers, expats, and digital nomads who value a stable base with easy weekend getaways to the Finger Lakes or hills nearby. Tip: map neighborhoods by transit access and amenities to fine-tune your daily routine.

In daily life, housing search in Binghamton is about finding the right neighborhood fit and walkable access. East Side offers park proximity and campus energy, Downtown centers around dining and transit hubs, and West Side provides quieter residential streets. Food options range from budget groceries to casual local eateries and farmers markets that pop up seasonally. Transport is practical in a compact city: walking, biking, or a bus ride cover most errands; a car helps for out-of-town trips. If you freelance or work remotely, consider coworking spaces or libraries with reliable Wi-Fi. For a sense of [location] living cost, compare rent and utility bundles across neighborhoods to keep monthly bills predictable. Tip: plan a short trial of your typical shopping and commute to gauge routines.

Quality of life here comes from balance and seasonal rhythm. A simple budgeting framework – allocating housing, food, and experiences with a prudent share for heating in winter and cooling in shoulder seasons – helps keep costs predictable without guessing. You’ll find affordable dining options, local markets, and cultural events that don't push up costs. Neighborhood fit matters: East Side for easy park access, Downtown for density and amenities, West Side for quieter blocks. Save by cooking at home, leveraging library programs, and taking advantage of free or low-cost outdoor activities. Seasonal perks – colorful falls, winter snowscapes, and spring trails – offer affordable recreation that enhances value. Tip: track monthly essentials to spot trends and adjust your plan.

Everyday life in Binghamton, NY is moderately priced at about $2,325 per month, rent included. Groceries and transport stay reasonable, though dining out and entertainment can feel a bit pricier than in budget destinations.

With 32% of the average paycheck going to rent, Binghamton, NY is on the expensive side for housing. Many locals cope by sharing apartments, moving to outer neighborhoods, or downsizing to keep things manageable.

At $3,619 take-home, most residents in Binghamton, NY can cover the $2,325 monthly cost of living. Those earning $3,487 or more have room to save; below-average earners will find things noticeably tighter.

Where you live in Binghamton, NY makes all the difference. Central one-bedrooms cost about $1,162; commute-friendly outer districts come in around $874. Overall, the market runs from $874 to $1,162 depending on size, location, and apartment condition.

A monthly transit pass in Binghamton, NY goes for roughly $71.1, which is one of the lighter items on a monthly budget. Coverage across residential and business areas is solid, and most residents without a car rely on it daily.

Childcare averages $1,247 monthly at a private kindergarten in Binghamton, NY. For many families, this single cost rivals rent, so it's essential to factor in before making a move.

Living on $2,500 in Binghamton, NY means careful planning, since monthly costs average $2,325. It works with a cheap apartment and disciplined spending, but expect trade-offs on where you live, how often you eat out, and entertainment.

Binghamton, NY offers genuinely appealing day-to-day living. Residents value fast internet, family-friendly facilities, retirement-friendly amenities, and at around $2,325 per month, it's accessible to a broad range of incomes. Most people find the cost-to-quality balance sustainable long-term.