Binghamton, NY vs Cortland, NY
Binghamton is moderately more affordable than Cortland, with a 7.5% lower cost of living index. Binghamton scores 68 compared to 74 for Cortland, where the US average is 100. This difference means residents of Cortland can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Binghamton is $867/month compared to $893/month in Cortland — a 3% difference. Home values follow the same pattern: Binghamton is more affordable at $117,400 median vs $143,800.
Median household income in Binghamton is $44,331 compared to $55,368 in Cortland (-19.9%). While Cortland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Binghamton spend roughly 23.5% of their income on rent, more than the 19.4% in Cortland.
Climate-wise, both cities share similar average temperatures (46.3°F vs 45.2°F). Binghamton receives more rainfall at 42" per year compared to 41.7" in Cortland.
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Climate
NOAA 30-year normals (1991-2020)