Binghamton, NY vs Utica, NY

Binghamton, NY and Utica, NY have a very similar cost of living, with only a 3.9% difference in their overall index. Binghamton scores 68 while Utica scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Binghamton is $867/month compared to $907/month in Utica — a 4% difference. Home values follow the same pattern: Binghamton is more affordable at $117,400 median vs $133,400.

Median household income in Binghamton is $44,331 compared to $51,513 in Utica (-13.9%). While Utica 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 21.1% in Utica.