Is Charlotte, NC cheaper than Binghamton, NY?

Based on cost of living data, Charlotte, NC is 4.2% more expensive than Binghamton, NY. This translates to spending an extra $318 per month.

What salary do I need in Charlotte, NC to live like I do in Binghamton, NY?

If you earn $150,000 in Binghamton, NY, you'd need approximately $153,820.89 in Charlotte, NC to maintain the same standard of living.

How does housing cost compare between Binghamton, NY and Charlotte, NC?

Housing in Charlotte, NC is 40.8% more expensive than in Binghamton, NY. For a two-bedroom apartment, rent is $1,870/month in Charlotte, NC compared to $791/month in Binghamton, NY.

How much can I save per month by moving from Binghamton, NY to Charlotte, NC?

Living in Charlotte, NC costs approximately $318 more per month than Binghamton, NY, or $3821 more per year, based on a $150,000 salary.

Binghamton, NY vs Charlotte, NC: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Binghamton, NY — ZIP-level rent data · COL adjusted from Newark, NJ area

Current salary in Binghamton, NY

Numbers update automatically as you type

You'd spend $318/month more in Charlotte, NC

$150.0K in your current city equals $153.8K in Charlotte, NC

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↑ 4.2%

More expensive

Monthly Impact

$318

Extra cost

Annual Impact

$3.8K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Binghamton, NY

Population:47K

Cost Index:100

Median Home:$176K

Charlotte, NC

Population:875K

Cost Index:104

Median Home:$399K

Binghamton, NY

The Empire State

47K

Population

State Tax

Yes

Located in New York, this city has a population of 47K residents.

Charlotte, NC

The Tar Heel State

875K

Population

State Tax

Yes

Climate

Humid subtropical

Notable Facts

•Major banking center
•NASCAR headquarters
•Queen City

Major Industries

FinanceTechnologyEnergyMotorsports

Cost Breakdown by Category

Annual spending: Binghamton, NY vs Charlotte, NC

Category	Binghamton, NY	Charlotte, NC	Difference	Change
🏠Housing	$1,753/mo	$2,469/mo	↑ $716more	40.8%
🚗Transportation	$1,377/mo	$1,202/mo	↓ $175less	12.7%
📦Other	$1,745/mo	$1,707/mo	↓ $37.67less	2.2%
⚡All Utilities	$553/mo	$519/mo	↓ $33.74less	6.1%
🛒Groceries	$1,020/mo	$989/mo	↓ $31.01less	3.0%
🏥Healthcare	$638/mo	$638/mo	↓ $0.19less	0.0%

🏠Housing

↑ 40.8%

Binghamton, NY

$1,753

Charlotte, NC

$2,469

Difference

$716

🚗Transportation

↓ 12.7%

Binghamton, NY

$1,377

Charlotte, NC

$1,202

Difference

$175

less

📦Other

↓ 2.2%

Binghamton, NY

$1,745

Charlotte, NC

$1,707

Difference

$37.67

less

⚡All Utilities

↓ 6.1%

Binghamton, NY

$553

Charlotte, NC

$519

Difference

$33.74

less

🛒Groceries

↓ 3.0%

Binghamton, NY

$1,020

Charlotte, NC

$989

Difference

$31.01

less

🏥Healthcare

↓ 0.0%

Binghamton, NY

$638

Charlotte, NC

$638

Difference

$0.19

less

🏠Rent Comparison

Studio

From$579

To$1,630

↑ $1,051

1 Bed

From$626

To$1,710

↑ $1,084

2 Bed

From$791

To$1,870

↑ $1,079

3 Bed

From$1,018

To$2,300

↑ $1,282

Binghamton, NYZIP-level data

1BR range: $850–$940/mo

Charlotte, NCZIP-level data

1BR range: $1,340–$2,310/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,087

Monthly in Binghamton, NY

$7,525

Monthly in Charlotte, NC

$438

Difference

Home Values

Binghamton

Charlotte

$176K

Median Value

$399K

↑ +3.4%

YoY Change

↓ -1.1%

↑ +50.2%

5-Year Change

↑ +40.8%

$149K - $188K

Price Range

$293K - $1.57M

Homes in Charlotte are 126% more expensive than Binghamton

Calculate payment - Binghamton Calculate payment - Charlotte

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $2.4K

Per year

Monthly Difference

$202

More take-home

Effective Rate Diff

1.6%

Rate difference

Binghamton, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

Charlotte, NC

Federal Income Tax

Effective: 18.9%

$25.5K

North Carolina State Tax

Effective: 4.8%

$7.1K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.4%

$44.1K

Take-Home Pay

$8,822/month

$105.9K

Additional Tax Information

Binghamton, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

Charlotte, NC Tax Rates

Sales Tax:7.1%

Property Tax:0.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.