Binghamton, NY vs Hampton Bays, NY

The cost of living difference between Binghamton, NY and Hampton Bays, NY is dramatic. Binghamton is 58.8% cheaper than Hampton Bays, a gap that translates to thousands of dollars per year in household expenses. Binghamton has a cost index of 68 while Hampton Bays sits at 165, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Binghamton is $867/month compared to $2,291/month in Hampton Bays — a 62% difference. Home values follow the same pattern: Binghamton is more affordable at $117,400 median vs $688,900.

Median household income in Binghamton is $44,331 compared to $129,080 in Hampton Bays (-65.7%). While Hampton Bays 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 21.3% in Hampton Bays.

Climate-wise, Hampton Bays is notably warmer with an average of 50.2°F compared to 46.3°F in Binghamton. Hampton Bays receives more rainfall at 43.5" per year compared to 42" in Binghamton.