Cost of Living in Binghamton University, NY

Population 6,921 · New York · Data vintage 2023

Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Geographically, Binghamton University is about 65 miles south of Syracuse, the nearest large metro. Syracuse's typical home runs $125,000 for context.

Cost Overview

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Binghamton University

The local unemployment rate is 26.1%, above the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 54.8°F and lows of 37.8°F, with about 86.5" of annual snowfall.

🎓

Binghamton University is a campus community

This Census-Designated Place covers the Binghamton University campus. Students and staff typically live in surrounding communities — here are the nearest cities with full cost of living data:

🏠 Housing

Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
14.9 min
45% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
35.3%

Commute Mode

Drove alone
34.9%
Carpooled
1.8%
Public transit
4.2%
Walked
23.4%
Work from home
35.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Per Capita Income
$2,240
Unemployment Rate
26.1%
444% above avg
Labor Force Participation
21.7%

🎓 Education

0 0

👥 Demographics

Median Age 19.5
Male median age 19.6
Female median age 19.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.8°F
Avg Low
37.8°F
Annual Precip
42"
Annual Snowfall
86.5"
10° 28° 45° 63° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303241546674787770574534
Low °F 161724354655595851413122
Precip" 2.622.413.053.633.784.693.804.104.013.763.113.08
Snow" 20.619.716.43.80.10.00.00.00.01.06.818.1

Frequently Asked Questions

What is the cost of living in Binghamton University, NY?

Cost of living data for Binghamton University is based on 2023 Census ACS estimates.

What is the sales tax in Binghamton University, NY?

The combined state and local sales tax rate in Binghamton University is 8.5%. The New York state income tax top rate is 10.9%.

Is Binghamton University, NY affordable?

Affordability in Binghamton University depends on your income and lifestyle. Review the housing, rent, and income data above for a complete picture.

What is the weather like in Binghamton University?

Binghamton University has average high temperatures of 54.8°F and average lows of 37.8°F. Annual precipitation is 42". Average annual snowfall is 86.5". Data from NOAA 1991–2020 Climate Normals.