Last update: Oct 2026

Cost of Living Comparison Between New York, NY and Binghamton, NY

For one person, living is cheaper in Binghamton, NY: $2,256 a month against $4,950 in New York, NY, rent and utilities included – about $32,300 less a year. Rent and utilities account for most of the difference.

239

Cost of Living Index in New York, NY
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New York, NY Living Index
110

Cost of Living Index in Binghamton, NY
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Binghamton, NY Living Index

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New York, NY

🇺🇸 United States

$4,950

/mo nomad

Binghamton, NY

🇺🇸 United States

$2,256

/mo nomad

Monthly Cost of Living

How much you'll spend in New York, NY and in Binghamton, NY

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in New York, NY and in Binghamton, NY actually costs, broken down by who's living it.

Monthly costs for one person with rent: $4,950 in New York, NY versus $2,256 in Binghamton, NY.

New York, NY $4,950
Binghamton, NY $2,256

Estimated couple costs with rent: $7,265 in New York, NY versus $3,410 in Binghamton, NY.

New York, NY $7,265
Binghamton, NY $3,410

Monthly costs for a family of three with rent: $9,581 in New York, NY versus $4,565 in Binghamton, NY.

New York, NY $9,581
Binghamton, NY $4,565

Living in New York, NY is roughly 119% more expensive than in Binghamton, NY, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: New York, NY 267% above, Binghamton, NY 67% above.

Meal at Budget Restaurant

$24.65 $24.65

$18.32 $18.32

34.55%

Three-Course Dinner for Two, Mid-Range

$122 $122

$49.62 $49.62

144.94%

Fast Food Meal (McDonalds, etc)

$13.91 $13.91

$11.07 $11.07

25.65%

Cappuccino

$6.59 $6.59

$4.82 $4.82

36.72%

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

$3.84 $3.84

$2.14 $2.14

79.44%

Water (0.33 liter bottle)

$2.87 $2.87

$1.57 $1.57

82.80%

Local Beer (0.5 liter draught)

$7.79 $7.79

$5.08 $5.08

53.35%

Imported Beer (0.33 liter bottle)

$9.85 $9.85

$6.14 $6.14

60.42%

Milk (1 liter)

$1.38 $1.38

$0.83 $0.83

66.27%

White Bread (500g)

$4.68 $4.68

$3.52 $3.52

32.95%

Rice (white) (1kg)

$7.54 $7.54

$4.17 $4.17

80.82%

Eggs

$5.93 $5.93

$3.79 $3.79

56.46%

Local Cheese (1kg)

$18.83 $18.83

$12.36 $12.36

52.35%

Chicken Fillets (1kg)

$17.36 $17.36

$12.00 $12.00

44.67%

Beef Round Steak (1kg)

$18.51 $18.51

$14.54 $14.54

27.30%

Apples (1kg)

$6.74 $6.74

$5.37 $5.37

25.51%

Banana (1kg)

$2.09 $2.09

$1.78 $1.78

17.42%

Oranges (1kg)

$6.07 $6.07

$5.11 $5.11

18.79%

Tomato (1kg)

$6.74 $6.74

$6.29 $6.29

7.15%

Potato (1kg)

$4.05 $4.05

$3.87 $3.87

4.65%

Onion (1kg)

$4.37 $4.37

$3.58 $3.58

22.07%

Lettuce (1 head)

$2.89 $2.89

$2.36 $2.36

22.46%

Water (1.5 liter bottle)

$2.60 $2.60

$2.96 $2.96

-12.16%

Cigarettes 20 Pack (Marlboro, Camel)

$18.72 $18.72

$14.66 $14.66

27.69%

Wine (Bottle)

$20.06 $20.06

$14.95 $14.95

34.18%

Local Beer (0.5 liter bottle)

$3.25 $3.25

$1.69 $1.69

92.31%

Imported Beer (0.33 liter bottle)

$3.73 $3.73

$5.02 $5.02

-25.70%

One-way Ticket (Public Transport)

$3.06 $3.06

$1.95 $1.95

56.92%

Public Transport Monthly Pass (Regular Price)

$140 $140

$70.3 $70.3

99.72%

Taxi Start (Normal Tariff)

$3.04 $3.04

$2.97 $2.97

2.36%

Taxi (Normal Tariff) (1km)

$2.15 $2.15

$1.78 $1.78

20.79%

Taxi 1hour Waiting (Normal Tariff)

$41.82 $41.82

$24.16 $24.16

73.10%

Gasoline (1 liter)

$1.12 $1.12

$1.02 $1.02

9.80%

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

$35.5K $35.5K

$28.3K $28.3K

25.15%

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

$26.0K $26.0K

$27.8K $27.8K

-6.25%

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

$219 $219

$213 $213

2.72%

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

$73.2 $73.2

$65.3 $65.3

12.12%

Internet (50+ Mbps, Unlimited Data)

$72.0 $72.0

$64.3 $64.3

11.98%

Gym Membership (Monthly)

$123 $123

$51.6 $51.6

138.00%

Tennis Court (1 Hour on Weekend)

$67.7 $67.7

$40.33 $40.33

67.79%

Cinema Ticket

$22.85 $22.85

$12.81 $12.81

78.38%

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

$3,333 $3,333

$1,302 $1,302

155.96%

International Primary School, 1 Child (Yearly)

$60.0K $60.0K

$7,031 $7,031

753.17%

Jeans (Levis 501 Or Similar)

$75.2 $75.2

$41.32 $41.32

81.97%

Summer Dress (H&M, Zara, etc)

$52.4 $52.4

$57.9 $57.9

-9.55%

Sport Shoes (Adidas, Nike)

$122 $122

$75.2 $75.2

61.88%

Men's Leather Business Shoes

$133 $133

$148 $148

-9.99%

1-bedroom Apartment, City Center (Monthly)

$4,389 $4,389

$1,323 $1,323

231.74%

1-bedroom Apartment, Outside City Center (Monthly)

$3,130 $3,130

$893 $893

250.59%

3-bedroom Apartment, City Center (Monthly)

$8,918 $8,918

$1,946 $1,946

358.35%

3-bedroom Apartment, Outside City Center (Monthly)

$5,354 $5,354

$1,666 $1,666

221.29%

Buy Apartment in City Center (m2)

$19.4K $19.4K

$1,419 $1,419

1267.09%

Buy Apartment Outside City Center (m2)

$6,806 $6,806

$1,267 $1,267

437.08%

Average Monthly Net Salary (After Tax)

$5,343 $5,343

$3,684 $3,684

45.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.82

6.65

2.56%

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

Last update for New York, NY: October 13, 2026

Last update for Binghamton, NY: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

New York, NY

$3.1K 63.2%

Binghamton, NY

$893 39.6% 71.5% $2.2K

Groceries & Markets

New York, NY

$545 11%

Binghamton, NY

$418 18.5% 23.4% $127

Eating Out

New York, NY

$404 8.2%

Binghamton, NY

$290 12.9% 28.1% $113

Monthly Utilities & Internet

New York, NY

$364 7.4%

Binghamton, NY

$343 15.2% 5.9% $21

Clothing & Footwear

New York, NY

$172 3.5%

Binghamton, NY

$145 6.4% 15.7% $27

Sport & Entertainment

New York, NY

$168 3.4%

Binghamton, NY

$77 3.4% 54.2% $91

Getting Around

New York, NY

$167 3.4%

Binghamton, NY

$90 4% 45.9% $76

Cost Breakdown

A one-bedroom apartment in the center runs $4,389 in New York, NY and $1,323 in Binghamton, NY. Housing cost is often the main lever when comparing two cities.

New York, NY pays 45% 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: $122 in New York, NY vs $50.0 in Binghamton, NY for a mid-range dinner for two. Groceries echo the gap at $545 vs $418 per month, with Binghamton, NY cheaper across the board.

Good to know

🇺🇸 New York, NY

🇺🇸 Binghamton, NY

🕒 Local time

22:04 10:04 PM

Same time as New York, NY

🌤 Weather

👥 Population

8,804,190

47,969

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

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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

New York, NY vs Binghamton, NY: Cost of Living - Frequently Asked Questions

Binghamton, NY is cheaper overall, especially in groceries, eating out, and clothing. The 119% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 45% higher in New York, NY, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $4,389 in New York, NY versus $1,323 in Binghamton, NY. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 31% higher in New York, NY. 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 $122 in New York, NY. If you eat out regularly, this makes a real dent in your monthly spending.

At $2,256 in Binghamton, NY versus $4,950 in New York, NY, a $2,500 budget is realistic in Binghamton, NY but tight or insufficient in New York, NY. 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 New York, NY, 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 119% less than in New York, NY. Beyond cost, consider language, visa policies, and how big the international community is in each city.