City Profile
Binghamton, New York
USA · Comprehensive city data and intelligence
Binghamton, New York, is a city nestled in the Southern Tier region, at the confluence of the Susquehanna and Chenango Rivers. Historically recognized for its industrial roots, particularly in manufacturing and technology with companies like IBM, the city has evolved into a diversified economic hub. Binghamton is also home to Binghamton University, which serves as a significant economic and cultural anchor for the region. The city offers a blend of urban amenities and access to natural landscapes, attracting those seeking a more balanced lifestyle away from larger metropolitan areas. Its rich history is reflected in its architecture and community character, providing a sense of established charm.
Performance
Quality Scores
Expenses
Cost of Living
The cost of living in Binghamton is generally considered more affordable than the national average, though some sources present conflicting data. According to Salary.com, Binghamton's cost of living in 2026 is 3% higher than the U.S. national average, with housing costs being 27.7% lower. However, other analyses suggest it is less expensive than the national average. Housing is a significant factor in the overall cost, with average rents for a one-bedroom apartment in the city center around $1,138 per month. Utilities, food, and transportation costs contribute to the monthly expenses, with groceries for an individual averaging around $404 per month.
Income
Salary Insights
Binghamton's economy has transitioned from its heavy manufacturing past to a more diversified landscape. Key industries driving employment in the region include healthcare, education, advanced manufacturing, technology, hospitality, and construction. Major employers like Binghamton University, Lockheed Martin, BAE Systems, and United Health Services contribute significantly to the job market. From 2023 to 2024, employment in Binghamton saw a growth rate of approximately 0.8%. The region has also seen new private investment, with over $174 million in 2024, supporting job creation in high-growth sectors like clean energy manufacturing and affordable housing.
The average salary in Binghamton is $55,000 per year. You would need approximately $45,000 to live comfortably.
Employment
Top Industries
Weather
Climate
Mobility
Transport
Getting around Binghamton primarily involves driving, with an average commute time of 16 minutes. The city has an average Walk Score of 55, indicating that some errands can be accomplished on foot, particularly in more walkable neighborhoods like First Ward and Southside East. The Transit Score for Downtown Binghamton is 33, suggesting limited public transportation options. Car ownership is common, with an average of two cars per household in the metro area. Public bus services are available, and for Binghamton University students, bus systems are often free with a student ID.
Target 100% of Users Relocating to Binghamton!
Real Estate Agents, Movers, and Local Businesses: Claim this exclusive monthly advertising space today.
Claim Binghamton Space →At a Glance
Pros & Cons
Advantages
Drawbacks
Head to Head
Compare Binghamton
Compare Binghamton with any city
See how it stacks up on cost, income, and quality of life.
Start Comparing