City Profile
Binghamton, New York
USA · Comprehensive city data and intelligence
Binghamton, New York, is a city nestled in the Southern Tier region, at the confluence of the Susquehanna and Chenango Rivers. Historically recognized for its industrial roots, particularly in manufacturing and technology with companies like IBM, the city has evolved into a diversified economic hub. Binghamton is also home to Binghamton University, which serves as a significant economic and cultural anchor for the region. The city offers a blend of urban amenities and access to natural landscapes, attracting those seeking a more balanced lifestyle away from larger metropolitan areas. Its rich history is reflected in its architecture and community character, providing a sense of established charm.
New York, USA, is a diverse state offering both the fast-paced, culturally rich environment of New York City and the more tranquil, naturally beautiful landscapes of upstate regions. The state's economy, the third largest in the U.S., is heavily driven by service-providing sectors, with finance, healthcare, and professional and business services being major industries, particularly in NYC. Living costs are significantly higher than the national average, especially in New York City where housing is a primary expense, though more affordable options exist upstate. The climate ranges from humid continental in upstate areas with cold, snowy winters and warm summers, to a humid subtropical climate in the New York City metropolitan area, characterized by hot, humid summers and moderately cold winters. The lifestyle varies from the constant energy and extensive cultural, dining, and career opportunities of NYC to a slower pace with abundant outdoor recreation in other parts of the state.
How this 38/100 was calculated five components, with every reading behind them
| Component | Readings used | Points | Weight | Contributes |
|---|---|---|---|---|
| Safety | Safety score: 28 / 100 | 28.0 | 30% | 8.4 |
| Affordability | Cost of living index (100 = national baseline): 110.0 | 31.3 | 25% | 7.8 |
| Economy & jobs | Median household income: $45,578 Income needed to live here: $45,000 Unemployment rate: 4.3% | 48.9 | 20% | 9.8 |
| Growth | Population growth rate: 0.9% Job growth rate: 0.8% | 41.8 | 15% | 6.3 |
| Business climate assessment | Business climate assessment: 60 / 100 | 60.0 | 10% | 6.0 |
| Overall score | 38.3 | |||
Provenance.
These figures were produced by the research pass recorded as
Gemini (Tier 2 (reasoned), q=82), last refreshed
1 July 2026.
They are researched estimates drawn from public sources, not a licensed data feed.
Each component is scored against fixed published endpoints, so this number is comparable with any other city and does not move as the dataset grows. Scoring framework 2026.10 — full methodology, weights and accepted ranges.
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Cost of Living
The cost of living in Binghamton is generally considered more affordable than the national average, though some sources present conflicting data. According to Salary.com, Binghamton's cost of living in 2026 is 3% higher than the U.S. national average, with housing costs being 27.7% lower. However, other analyses suggest it is less expensive than the national average. Housing is a significant factor in the overall cost, with average rents for a one-bedroom apartment in the city center around $1,138 per month. Utilities, food, and transportation costs contribute to the monthly expenses, with groceries for an individual averaging around $404 per month.
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Binghamton's economy has transitioned from its heavy manufacturing past to a more diversified landscape. Key industries driving employment in the region include healthcare, education, advanced manufacturing, technology, hospitality, and construction. Major employers like Binghamton University, Lockheed Martin, BAE Systems, and United Health Services contribute significantly to the job market. From 2023 to 2024, employment in Binghamton saw a growth rate of approximately 0.8%. The region has also seen new private investment, with over $174 million in 2024, supporting job creation in high-growth sectors like clean energy manufacturing and affordable housing.
The average salary in Binghamton is $55,000 per year. You would need approximately $45,000 to live comfortably.
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Getting around Binghamton primarily involves driving, with an average commute time of 16 minutes. The city has an average Walk Score of 55, indicating that some errands can be accomplished on foot, particularly in more walkable neighborhoods like First Ward and Southside East. The Transit Score for Downtown Binghamton is 33, suggesting limited public transportation options. Car ownership is common, with an average of two cars per household in the metro area. Public bus services are available, and for Binghamton University students, bus systems are often free with a student ID.
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