Cost of Living Comparison Between Binghamton, NY and Chicago, IL Cost of Living Comparison Between Binghamton, NY and Chicago, IL

Monthly Cost of Living

Monthly costs for one person with rent: $2,221 in Binghamton, NY versus $3,106 in Chicago, IL.

Estimated couple costs with rent: $3,337 in Binghamton, NY versus $4,599 in Chicago, IL.

Monthly costs for a family of three with rent: $4,452 in Binghamton, NY versus $6,092 in Chicago, IL.

Living in Binghamton, NY costs roughly 28% less than in Chicago, IL, driven mainly by Eating Out.

Both cities are pricier than the global median: Binghamton, NY 62% above, Chicago, IL 126% above.

Meal at Budget Restaurant

$19.63 $19.63

$19.86 $19.86

-1.16%

Three-Course Dinner for Two, Mid-Range

$50.2 $50.2

$88.3 $88.3

-43.17%

Fast Food Meal (McDonalds, etc)

$10.07 $10.07

$13.23 $13.23

-23.89%

Cappuccino

$4.73 $4.73

$5.86 $5.86

-19.28%

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

$2.15 $2.15

$2.61 $2.61

-17.62%

Water (0.33 liter bottle)

$1.53 $1.53

$2.32 $2.32

-34.05%

Local Beer (0.5 liter draught)

$4.91 $4.91

$7.03 $7.03

-30.16%

Imported Beer (0.33 liter bottle)

$5.46 $5.46

$9.25 $9.25

-40.97%

Milk (1 liter)

$0.90 $0.90

$1.34 $1.34

-32.84%

White Bread (500g)

$3.20 $3.20

$4.19 $4.19

-23.63%

Rice (white) (1kg)

$5.22 $5.22

$5.50 $5.50

-5.09%

Eggs

$4.28 $4.28

$4.71 $4.71

-9.13%

Local Cheese (1kg)

$12.42 $12.42

$14.72 $14.72

-15.63%

Chicken Fillets (1kg)

$11.90 $11.90

$14.53 $14.53

-18.10%

Beef Round Steak (1kg)

$15.81 $15.81

$19.69 $19.69

-19.71%

Apples (1kg)

$5.11 $5.11

$5.64 $5.64

-9.40%

Banana (1kg)

$1.73 $1.73

$1.97 $1.97

-12.18%

Oranges (1kg)

$5.94 $5.94

$4.04 $4.04

47.03%

Tomato (1kg)

$5.05 $5.05

$5.07 $5.07

-0.39%

Potato (1kg)

$4.50 $4.50

$2.94 $2.94

53.06%

Onion (1kg)

$3.08 $3.08

$2.92 $2.92

5.48%

Lettuce (1 head)

$2.04 $2.04

$2.28 $2.28

-10.53%

Water (1.5 liter bottle)

$2.87 $2.87

$3.12 $3.12

-8.01%

Cigarettes 20 Pack (Marlboro, Camel)

$11.34 $11.34

$16.19 $16.19

-29.96%

Wine (Bottle)

$19.91 $19.91

$15.17 $15.17

31.25%

Local Beer (0.5 liter bottle)

$1.69 $1.69

$2.67 $2.67

-36.70%

Imported Beer (0.33 liter bottle)

$3.28 $3.28

$3.48 $3.48

-5.75%

One-way Ticket (Public Transport)

$1.94 $1.94

$2.54 $2.54

-23.62%

Public Transport Monthly Pass (Regular Price)

$69.0 $69.0

$76.0 $76.0

-9.21%

Taxi Start (Normal Tariff)

$3.02 $3.02

$3.16 $3.16

-4.43%

Taxi (Normal Tariff) (1km)

$2.07 $2.07

$1.37 $1.37

51.09%

Taxi 1hour Waiting (Normal Tariff)

$24.22 $24.22

$22.66 $22.66

6.88%

Gasoline (1 liter)

$0.91 $0.91

$1.20 $1.20

-24.17%

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

$30.5K $30.5K

$37.0K $37.0K

-17.71%

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

$25.0K $25.0K

$26.0K $26.0K

-4.14%

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

$213 $213

$190 $190

12.44%

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

$64.3 $64.3

$68.5 $68.5

-6.15%

Internet (50+ Mbps, Unlimited Data)

$67.2 $67.2

$61.1 $61.1

10.06%

Gym Membership (Monthly)

$51.5 $51.5

$63.8 $63.8

-19.22%

Tennis Court (1 Hour on Weekend)

$39.84 $39.84

$27.80 $27.80

43.31%

Cinema Ticket

$13.10 $13.10

$18.28 $18.28

-28.34%

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

$1,233 $1,233

$1,525 $1,525

-19.14%

International Primary School, 1 Child (Yearly)

$23.8K $23.8K

$32.0K $32.0K

-25.65%

Jeans (Levis 501 Or Similar)

$41.19 $41.19

$64.0 $64.0

-35.66%

Summer Dress (H&M, Zara, etc)

$41.23 $41.23

$54.4 $54.4

-24.21%

Sport Shoes (Adidas, Nike)

$75.6 $75.6

$101 $101

-24.84%

Men's Leather Business Shoes

$132 $132

$153 $153

-14.25%

1-bedroom Apartment, City Center (Monthly)

$1,084 $1,084

$2,421 $2,421

-55.24%

1-bedroom Apartment, Outside City Center (Monthly)

$871 $871

$1,690 $1,690

-48.46%

3-bedroom Apartment, City Center (Monthly)

$2,142 $2,142

$4,584 $4,584

-53.28%

3-bedroom Apartment, Outside City Center (Monthly)

$1,543 $1,543

$2,782 $2,782

-44.54%

Buy Apartment in City Center (m2)

$1,240 $1,240

$4,170 $4,170

-70.26%

Buy Apartment Outside City Center (m2)

$1,231 $1,231

$2,739 $2,739

-55.05%

Average Monthly Net Salary (After Tax)

$3,669 $3,669

$4,777 $4,777

-23.19%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.17

6.38

-3.29%

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

Last update for Binghamton, NY: August 30, 2026

Last update for Chicago, IL: August 29, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,084 in Binghamton, NY and $2,421 in Chicago, IL. Housing cost is often the main lever when comparing two cities.

Chicago, IL pays 30% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $50.0 in Binghamton, NY vs $88.0 in Chicago, IL for a mid-range dinner for two. Groceries echo the gap at $425 vs $465 per month, with Binghamton, NY cheaper across the board.

City Median Internet Speeds Comparison (Updated April 2026)

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

Digital Nomad Cost of Living Index

Binghamton, NY vs Chicago, IL: Cost of Living - Frequently Asked Questions

Binghamton, NY is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Getting Around, Sport & Entertainment. The 40% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 30% lower in Chicago, IL. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,084 in Binghamton, NY versus $2,421 in Chicago, IL. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 9% higher in Chicago, IL. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Binghamton, NY – a meal for two runs $50.0 versus $88.0 in Chicago, IL. If you eat out regularly, this makes a real dent in your monthly spending.

At $2,221 in Binghamton, NY versus $3,106 in Chicago, IL, a $2,500 budget is realistic in Binghamton, NY but tight or insufficient in Chicago, IL. The gap between the two cities makes Binghamton, NY the clear choice for anyone on this budget.

For families, Binghamton, NY is more practical. Housing and childcare are both notably cheaper than in Chicago, IL, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Binghamton, NY gentler on the wallet – expenses run 40% less than in Chicago, IL. Beyond cost, consider language, visa policies, and how big the international community is in each city.