SalaryCompareTool

Binghamton, NY vs Miami, FL

Moving from Binghamton to Miami? Here's what changes — from your equivalent salary to housing ($198,435 → $475,622 median home) and taxes.

Binghamton vs Miami at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Binghamton, NY Miami, FL Cost-of-living index Binghamton, NY — Cost-of-living index: 92 92 Miami, FL — Cost-of-living index: 112 112 Median home price Binghamton, NY — Median home price: $198k $198k Miami, FL — Median home price: $476k $476k Price per sqft Binghamton, NY — Price per sqft: $124 $124 Miami, FL — Price per sqft: $257 $257 Median rent Binghamton, NY — Median rent: $1,313 $1,313 Miami, FL — Median rent: $2,693 $2,693 Combined sales tax Binghamton, NY — Combined sales tax: 8.5% 8.5% Miami, FL — Combined sales tax: 7.0% 7.0% Property tax rate Binghamton, NY — Property tax rate: 2.62% 2.62% Miami, FL — Property tax rate: 0.90% 0.90% Violent crime /100k Binghamton, NY — Violent crime /100k: 350 350 Miami, FL — Violent crime /100k: 380 380 Electricity ¢/kWh Binghamton, NY — Electricity ¢/kWh: 29.4 29.4 Miami, FL — Electricity ¢/kWh: 15.4 15.4 Avg commute (min) Binghamton, NY — Avg commute (min): 21 21 Miami, FL — Avg commute (min): 30 30 Avg summer high °F Binghamton, NY — Avg summer high °F: 83° 83° Miami, FL — Avg summer high °F: 91° 91° Avg winter low °F Binghamton, NY — Avg winter low °F: 16° 16° Miami, FL — Avg winter low °F: 52° 52°

To keep the same standard of living as $100,000 in Binghamton, NY, you'd need about $121,716 in Miami, FL (+$21,716).

Livability — Binghamton, NY: 65 · Miami, FL: 57 (0–100).

What your home budget buys

A $500,000 home budget gets you about 4,032 sqft in Binghamton vs 1,945 sqft in Miami ($124 vs $257 per sqft).

Annual cost breakdown (at $100,000)

CategoryBinghamton, NYMiami, FLDifference
Housing $15,756 $32,316 +$16,560
Groceries $4,868 $5,091 +$223
Transportation $3,895 $4,800 +$905
Utilities $3,180 $1,656 −$1,524
Insurance $1,600 $4,200 +$2,600
Taxes $17,556 $5,772 −$11,784
Total $46,855 $53,835 +$6,980

Side by side

MetricBinghamton, NYMiami, FL
Cost-of-living index92.1112.1
Unemployment rate6.67%5.24%
Population growth (5-yr)0.5%1.7%
Air quality (median AQI)4242
Big Mac price (est.)$5.24$6.38
Median home price$198,435$475,622
Home price ÷ income3.2×6.9×
1-yr home appreciation5.6%-2.9%
Price per square foot$124$257
Median rent$1,313$2,693
Total tax burden (% income)15.9%9.1%
Combined sales tax8.52%7.02%
Capital gains tax10.90%None
Property tax rate2.62%0.90%
Healthcare (annual)$7,800$7,500
Childcare (annual, infant)$17,000$10,000
Vehicle property taxNoneNone
Avg commute (min)2130
Home insurance / yr$1,600$4,200
Auto insurance / yr$2,100$2,900
Flood insurance / yr$800$1,400
Earthquake insurance / yr$100$100
Electricity ¢/kWh29.415.4
Gas $/gal3.453.35
Natural gas / mo$98$38
Water & sewer / mo$87$88
Home internet / mo$76$76
Violent crime /100k350380
Avg summer high °F8391
Avg winter low °F1652
Annual precipitation (in)40.067.4
Annual snowfall (in)65.00.0
Sunshine (% possible)48%70%
Permit difficulty (1–5)53

Ad · affiliate links