Binghamton, NY vs Port Washington, NY

The cost of living difference between Binghamton, NY and Port Washington, NY is dramatic. Binghamton is 63.5% cheaper than Port Washington, a gap that translates to thousands of dollars per year in household expenses. Binghamton has a cost index of 68 while Port Washington sits at 187, 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 $2,218/month in Port Washington — a 61% difference. Home values follow the same pattern: Binghamton is more affordable at $117,400 median vs $976,200.

Median household income in Binghamton is $44,331 compared to $183,964 in Port Washington (-75.9%). While Port Washington 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 14.5% in Port Washington.

Climate-wise, Port Washington is notably warmer with an average of 56.7°F compared to 46.3°F in Binghamton. Port Washington receives more rainfall at 45.3" per year compared to 42" in Binghamton.