Overall
- Akron
- 93.4
- Binghamton
- 92.9
Diff -0.5 RPP
Akron vs Binghamton
Cost of living comparison based on BEA Regional Price Parities. Binghamton is 0.5% less expensive than Akron.
0.5% less expensive
Binghamton, NY is 0.5% less expensive than Akron, OH on BEA Regional Price Parities (overall RPP 92.9 vs 93.4). A $100,000 salary in Akron buys about the same as $99,457 in Binghamton; the largest component gap is services.
- Overall RPP 93.4 (Akron) vs 92.9 (Binghamton)
- $100k in Akron ≈ $99,457 purchasing power in Binghamton
- Services drives the gap (+35.1 RPP points)
RPP parity plate
Pair OH:NY 93.4→92.9
PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE OH × NY
- SPLIT-BUDGET Split budget
- BOTH-BELOW Both below 100
- PP-PAR PP near-par
Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.
Akron
93.4
Cost Index
Binghamton
92.9
Cost Index
What This Comparison Actually Tells You
Akron, OH and Binghamton, NY are a photo finish on overall price level, only 0.5 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.
Services creates the largest separation: Binghamton is 35.1 points higher. But services and goods move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.
Both metros remain below the U.S. benchmark of 100. This comparison chooses between two below-average price levels; “more expensive” here does not mean nationally expensive.
For a service-heavy household, test childcare, health, and other locally supplied costs before relying on rent alone. The BEA ratio converts $100,000 in Akron to $99,457 in Binghamton, but it is not a personal spending weight.
Category Breakdown
Goods
- Akron
- 93.6
- Binghamton
- 99.7
Diff +6.1 RPP
Services
- Akron
- 96.4
- Binghamton
- 131.6
Diff +35.1 RPP
Rents
- Akron
- 76.8
- Binghamton
- 69.7
Diff -7.1 RPP
| Category | Akron | Binghamton | Difference |
|---|---|---|---|
| Overall | 93.4 | 92.9 | -0.5 |
| Goods | 93.6 | 99.7 | +6.1 |
| Services | 96.4 | 131.6 | +35.1 |
| Rents | 76.8 | 69.7 | -7.1 |
Visual Comparison
Overall
Akron 93.4
Binghamton 92.9
Goods
Akron 93.6
Binghamton 99.7
Services
Akron 96.4
Binghamton 131.6
Rents
Akron 76.8
Binghamton 69.7
Vertical line = national average (100)
How the Price Gap Changed
Akron and Binghamton share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 4.5 to 0.5 RPP points. Akron remained the higher-index metro in the latest release.
Goods changed the most within this pair: its gap moved 5.0 points between the first and latest shared releases (11.0 to 6.1 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Akron RPP | Binghamton RPP | Relative Gap |
|---|---|---|---|
| 2008 | 92.5 | 97.0 | 4.5 points Binghamton higher |
| 2012 | 95.5 | 94.9 | 0.6 points Akron higher |
| 2016 | 95.2 | 96.1 | 0.9 points Binghamton higher |
| 2020 | 93.5 | 96.9 | 3.4 points Binghamton higher |
| 2024 | 93.4 | 92.9 | 0.5 points Akron higher |
Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.
Salary Equivalents
What a salary in Akron would need to be in Binghamton for the same purchasing power:
| In Akron | In Binghamton | Difference |
|---|---|---|
| $50,000 | $49,728 | $-272 |
| $75,000 | $74,593 | $-407 |
| $100,000 | $99,457 | $-543 |
| $150,000 | $149,185 | $-815 |
$ in Akron = in Binghamton
Same BEA Regional Price Parity ratio as the table above (93.4 → 92.9), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Binghamton more expensive than Akron?
Binghamton is 0.5% less expensive than Akron. The overall cost index is 92.9 vs 93.4 (national average = 100).
What salary in Binghamton equals $100K in Akron?
A $100,000 salary in Akron has the same purchasing power as $99,457 in Binghamton. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Akron and Binghamton?
Rents in Akron are indexed at 76.8 while Binghamton is at 69.7 (national average = 100). Akron has higher rents.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.