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Lake Oswego vs Binghamton

Cost of living, salaries, climate and quality of life compared side by side.

Oregon, USA
View Lake Oswego profile
#68 in USA
70
Overall Score
VS
New York, USA
View Binghamton profile
#603 in USA
38
Overall Score
Lake Oswego scores higher overall

Score Breakdown

Lake Oswego
Binghamton
Livability
85
68
Affordability
55
75
Business
70
60
Growth
72
58

Cost of Living

Lake Oswego is the more affordable option overall — monthly living expenses run about 18% lower than in Binghamton. Housing costs are a major driver: Lake Oswego's average rent is 64% higher than Binghamton's.
MetricLake OswegoBinghamtonDiff
Average Rent
$1,866$1,138+64%
Groceries
$0$404-100%
Utilities
$0$194-100%
Transport
$0$312-100%
Healthcare
$0$226-100%
Monthly Total
$1,866$2,274-18%
Cost Index
110out of 100

Salary & Income

Lake Oswego offers 54% higher average salaries.
MetricLake OswegoBinghamton
Average Salary
$84,859$55,000
Salary Needed
$0$45,000
Household Income
$141,549$45,578

Climate Comparison

Lake Oswego runs warmer on average — a 55°F difference year-round. For sunshine, Lake Oswego comes out ahead with 225 more sunny days per year, which can meaningfully impact mood and outdoor lifestyle. Winter severity differs too — Lake Oswego sees 12.4 more inches of snowfall annually.
MetricLake OswegoBinghamton
Avg Temp
55.00°F°F
Summer High
81.20°F°F
Winter Low
36.40°F°F
Rainfall
54.00 in in
Snowfall
12.40 in in
Sunny Days
225
Humidity
%70.00%

Commute & Transport

Binghamton has the shorter commute — saving residents roughly 3,000 minutes (50 hours) per year compared to Lake Oswego. Binghamton scores higher for public transit, making it the better choice for car-free living. For walkability, Binghamton leads — a better score here means more amenities reachable on foot.
MetricLake OswegoBinghamton
Commute Time
22 min16 min
Transit Score
—33.0/100
Walkability
—55.0/100
Traffic Index
30.00
Car Dependency
MediumMedium

Economy & Demographics

Binghamton is the larger city — approximately 0.8x the population of Lake Oswego. From a growth perspective, Binghamton is expanding faster, signaling stronger demand for housing, jobs, and services. On the employment side, Binghamton has a lower unemployment rate, reflecting a tighter and more competitive job market.
MetricLake OswegoBinghamton
Population
39,49546,773
Pop. Growth
0.60%0.90%
Median Age
46.735.9
Unemployment
5.00%4.30%
GDP
—$13.0B

Pros & Cons

Lake Oswego
Advantages
Lake Oswego has a violent crime rate of 0.7 per 1,000 residents, roughly one-fifth of the national average, making it a very safe city.
The median household income in Lake Oswego was $141,549 in 2024, significantly higher than the national average.
Lake Oswego boasts a highly educated population, with 74.8% of persons aged 25 years and over holding a bachelor's degree or higher as of 2024.
The city offers a high quality of life with abundant parks, lake access, and a strong community spirit.
Lake Oswego's median home price of $974,750 in October 2026, while high, indicates a strong and desirable real estate market.
Drawbacks
The cost of living in Lake Oswego is notably higher than both the national and Portland metro averages, primarily driven by housing costs.
The average rent for a one-bedroom apartment in Lake Oswego is $1,866 per month, which is above the national average.
Property crime in Lake Oswego, while below the state average, is slightly above the national average.
Rental supply in Lake Oswego is thin due to the city's ownership-oriented nature, making finding rental properties challenging.
Oregon's overall economic activity has been declining, and unemployment is rising at a faster pace than the U.S. average, which could impact the local economy.
Binghamton
Advantages
The average commute time in Binghamton is relatively short at 16 minutes, offering more personal time.
Housing costs are generally lower than the national average, with a median home price of $194,000 as of December 2025.
The presence of Binghamton University provides a vibrant cultural scene and educational opportunities.
The city's economy is diversifying with growth in healthcare, education, and advanced manufacturing sectors.
Binghamton offers access to natural landscapes and outdoor recreational activities due to its river confluence and surrounding hills.
Drawbacks
Binghamton has a high crime rate, with total crime being 86% higher than the national average based on 2024 FBI data.
The unemployment rate in Binghamton was 4.3% in 2026, slightly higher than the national average.
Public transportation options are limited, as indicated by a Transit Score of 33 for Downtown Binghamton.
Despite some positive economic indicators, the Binghamton metro area experienced a 2.8% population decrease over a 10-year period leading up to 2024.
Drug-related crime remains a significant concern in the Binghamton area, despite a decrease in overdose rates.

Dive Deeper

Key figures side by side — see which city wins each category at a glance.

Lake Oswego
#68
Oregon, USA
69.6 / 100 overall
Avg Rent
$1,866
Avg Salary
$84,859
Cost Index
Commute
22 min
Transit Score
—
Walkability
—
Sunny Days
225/yr
Avg Temp
55.00°F
Pop. Growth
0.60%
Unemployment
5.00%
Livability
85
Business
70
View Full Profile
Binghamton
#603
New York, USA
38.3 / 100 overall
Avg Rent
$1,138
Avg Salary
$55,000
Cost Index
110
Commute
16 min
Transit Score
33.0/100
Walkability
55.0/100
Sunny Days
/yr
Avg Temp
°F
Pop. Growth
0.90%
Unemployment
4.30%
Livability
68
Business
60
View Full Profile

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