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Metropolitan Statistical Area

Cost of living in the Binghamton Metro Area

2 counties across NY. Population: 245,844.

Avg. 1-bed rent
$939/mo
Avg. household income
$63,159/yr
Avg. home value
$146,685
Avg. monthly cost
$3,031/mo

Last updated May 22, 2026

Rent in the Binghamton Metro Area

Average rent across the Binghamton metro area, weighted by county population.

Studio
$869
per month
1 bedroom
$939
per month
2 bedroom
$1,188
per month
3 bedroom
$1,533
per month
4 bedroom
$1,752
per month

Source: HUD FMR + ACS (population-weighted metro average)

Income and earnings in the Binghamton Metro Area

Earnings data averaged across all 2 counties.

Household income
$63,159
per year
Individual earnings
$38,362
per year
Per capita
$36,298
per year

Source: ACS (population-weighted metro average)

Home values in the Binghamton Metro Area

Average home values and annual property tax across the metro.

Average home value
$146,685
Average annual property tax
$3,810

Source: ACS (population-weighted metro average)

Energy costs in the Binghamton Metro Area

Residential electricity and natural gas estimates.

Monthly electricity
$140
per month
Monthly gas
$68
per month
Annual total
$2,496
per year

Source: EIA (state averages applied per county, weighted)

All 2 counties in the Binghamton Metro Area

The Binghamton metro area includes 2 counties. Sorted by population.

Compare counties in the Binghamton Metro Area

Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.

Open comparison tool

Frequently asked questions about the Binghamton Metro Area

Common questions about cost of living in the metro area.

What is the cost of living in the Binghamton Metro Area?

The estimated average cost of living in the Binghamton metro area is approximately $3,031 per month for a single person. This is a population-weighted average across the 2 counties that make up the metro area.

What is the average rent in the Binghamton Metro Area?

The average one-bedroom rent across the Binghamton metro area is $939 per month, based on HUD Fair Market Rent data weighted by county population.

What is the cheapest county in the Binghamton Metro Area?

Broome County, NY is the most affordable county in the Binghamton metro area at approximately $3,007 per month for a single person.

What is the most expensive county in the Binghamton Metro Area?

Tioga County, NY is the most expensive county in the Binghamton metro area at approximately $3,131 per month for a single person.

How many counties are in the Binghamton Metro Area?

The Binghamton metro area covers 2 counties. The five largest by population are Broome County, Tioga County.

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About this data

All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.