What salary do you need to live in Binghamton, NY?

What housing costs in Binghamton

A one-bedroom in Binghamton rents for a median of $756 a month, utilities the tenant pays included; a two-bedroom goes for $982 and a three-bedroom for $1,122. Over a full year, the two-bedroom median comes to $11,784.

On the ownership side, the typical owner-occupied home is valued at $156,000. Against a median household income of $64,590, the ratio is 2.4× — one of the gentler home-price-to-income ratios in the country.

Price levels matter beyond rent. The Bureau of Economic Analysis measures Binghamton's overall prices at 92.9 on a scale where the nation is 100, which makes a $100,000 salary feel like about $107,686 would elsewhere.

Binghamton: the pre-tax income for each grade

For two bedrooms, $95,000 is where Binghamton turns Comfortable. Below that, $47,000 marks the start of Okay and $23,000 the start of Tight; under $23,000 the score reads Stretched. Rent at the Comfortable line is 12% of gross pay.

Royal, the top band, starts at $315,000. At that income rent is 4% of pay and the median home 0.5× income.

These lines come straight from the calculator's formula: the income is raised until the two-bedroom score crosses each cutoff, then rounded up to the next $1,000.

What different incomes look like in Binghamton

At $75,000 home size barely changes the picture: one, two and three bedrooms all grade Okay, with scores from 56 to 63.

Read down the two-bedroom column and the first Comfortable row is $100,000, consistent with the $95,000 line above.

Where Binghamton falls nationally

Out of 387 metros, Binghamton has the 214th highest price parity and the 311th highest two-bedroom rent, which puts it in the middle half on overall prices and in the least expensive quarter on rent.

Next to Binghamton on the national rent ranking: Niles, MI ($984) and Shreveport-Bossier City, LA ($980).

Binghamton vs. the rest of New York

How Binghamton stacks up against its state: $982 for a two-bedroom against New York's $1,620, $156,000 for the median home against $423,800, and a price level of 92.9 against 107.9.

The New York figure for the Comfortable line, using state medians, is $278,000 against $95,000 for Binghamton.

Within New York, the metros closest to Binghamton on rent and overall prices are Utica-Rome, NY, Buffalo-Cheektowaga, NY, and Elmira, NY. Their Comfortable lines for two bedrooms sit at $98,000, $126,000, and $104,000.

The median Binghamton household

A household at the Binghamton median income of $64,590 would see a two-bedroom score of 54 — Okay — with rent at 18% of income. Reaching Comfortable would take $30,410 more than the median household earns. Statewide, the New York median household ($85,974) grades Tight on the state's own medians. Since a household can have two or more earners, compare it with a combined income rather than one paycheck.

Treat every number here as a pre-tax, public-data estimate rather than financial advice.