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Madrid vs Binghamton

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

Colima, Mexico
View Madrid profile
#149 in Mexico
72
Overall Score
VS
New York, USA
View Binghamton profile
#603 in USA
38
Overall Score
Madrid scores higher overall

Score Breakdown

Madrid
Binghamton
Livability
70
68
Affordability
85
75
Business
52
60
Growth
58
58

Cost of Living

Madrid is the more affordable option overall — monthly living expenses run about 67% lower than in Binghamton. Housing costs are a major driver: Madrid's average rent is 69% lower than Binghamton's.
MetricMadridBinghamtonDiff
Average Rent
$350$1,138-69%
Groceries
$200$404-50%
Utilities
$60$194-69%
Transport
$50$312-84%
Healthcare
$80$226-65%
Monthly Total
$740$2,274-67%
Cost Index
35110out of 100

Salary & Income

Binghamton offers 87% lower average salaries. However, when adjusted for local cost of living, Binghamton delivers stronger purchasing power — meaning your dollar stretches further day-to-day. The minimum comfortable salary in Madrid is estimated at $6,000 vs $45,000 in Binghamton.
MetricMadridBinghamton
Average Salary
$7,200$55,000
Salary Needed
$6,000$45,000
Purchasing Power
20,571 idx50,000 idx
Household Income
$8,500$45,578

Climate Comparison

Madrid runs warmer on average — a 80.5°F difference year-round. For sunshine, Madrid comes out ahead with 236 more sunny days per year, which can meaningfully impact mood and outdoor lifestyle. Winter severity differs too — Madrid sees 0 more inches of snowfall annually.
MetricMadridBinghamton
Avg Temp
80.50°F°F
Summer High
89.50°F°F
Winter Low
68.50°F°F
Rainfall
43.30 in in
Snowfall
0.00 in in
Sunny Days
236
Humidity
70.00%70.00%

Commute & Transport

Binghamton has the shorter commute — saving residents roughly 4,500 minutes (75 hours) per year compared to Madrid. Madrid scores higher for public transit, making it the better choice for car-free living. For walkability, Madrid leads — a better score here means more amenities reachable on foot.
MetricMadridBinghamton
Commute Time
25 min16 min
Transit Score
35.0/10033.0/100
Walkability
58.0/10055.0/100
Traffic Index
20.0030.00
Car Dependency
MediumMedium

Economy & Demographics

Binghamton is the larger city — approximately 0.1x the population of Madrid. From a growth perspective, Binghamton is expanding faster, signaling stronger demand for housing, jobs, and services. On the employment side, Madrid has a lower unemployment rate, reflecting a tighter and more competitive job market.
MetricMadridBinghamton
Population
3,20046,773
Pop. Growth
0.80%0.90%
Median Age
33.035.9
Unemployment
3.20%4.30%
GDP
—$13.0B

Pros & Cons

Madrid
Advantages
Significantly lower cost of living compared to major Mexican cities and US averages per INEGI data
Peaceful, tight-knit rural community atmosphere ideal for a relaxed lifestyle
Warm year-round climate with high annual sunshine days
Affordable local housing and low property maintenance costs
Proximity to regional centers like Tecomán and Colima City for expanded amenities
Drawbacks
Limited local job market primarily restricted to agriculture and small commerce
Absence of advanced healthcare facilities directly within the locality
Limited public transportation infrastructure requiring reliance on personal vehicles or regional buses
Few high-tech or modern entertainment venues within immediate town limits
Broader regional security challenges in Colima state can impact overall perception
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.

Madrid
#149
Colima, Mexico
71.5 / 100 overall
Avg Rent
$350
Avg Salary
$7,200
Cost Index
35
Commute
25 min
Transit Score
35.0/100
Walkability
58.0/100
Sunny Days
236/yr
Avg Temp
80.50°F
Pop. Growth
0.80%
Unemployment
3.20%
Livability
70
Business
52
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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