Binghamton vs Fairbanks-College

Cost of living comparison based on BEA Regional Price Parities. Fairbanks-College is 11.1% more expensive than Binghamton.

11.1% more expensive

Fairbanks-College, AK is 11.1% more expensive than Binghamton, NY on BEA Regional Price Parities (overall RPP 103.2 vs 92.9). A $100,000 salary in Binghamton buys about the same as $111,140 in Fairbanks-College; the largest component gap is rents.

  • Overall RPP 92.9 (Binghamton) vs 103.2 (Fairbanks-College)
  • $100k in Binghamton ≈ $111,140 purchasing power in Fairbanks-College
  • Rents drives the gap (+22.9 RPP points)

RPP parity plate

Pair NY:AK 92.9→103.2

TIER-GAP · CROSS-STATE · SPLIT-BUDGET · BENCH-CROSS · PP-SHIFT

  • TIER-GAP Clear tier gap
  • CROSS-STATE NY × AK
  • SPLIT-BUDGET Split budget
  • BENCH-CROSS Benchmark cross
  • PP-SHIFT PP shift

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.

Category Breakdown

Visual Comparison

Overall
Binghamton
92.9
Fairbanks-College
103.2
Goods
Binghamton
99.7
Fairbanks-College
107.3
Services
Binghamton
131.6
Fairbanks-College
119.8
Rents
Binghamton
69.7
Fairbanks-College
92.6

Vertical line = national average (100)

What This Comparison Actually Tells You

Rents creates the largest separation: Fairbanks-College is 22.9 points higher. But services move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Binghamton, NY and Fairbanks-College, AK sit in clearly different price tiers, separated by 10.3 RPP points. At this distance, treating the same nominal salary as equivalent would materially change purchasing power.

This route crosses the national benchmark: Fairbanks-College is above 100 while Binghamton is below it. That makes the move a change of price regime, not merely a rank swap.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Binghamton corresponds to $111,140 in Fairbanks-College.

Binghamton
92.9
Cost Index
Fairbanks-College
103.2
Cost Index

Salary Equivalents

What a salary in Binghamton would need to be in Fairbanks-College for the same purchasing power:

In Binghamton In Fairbanks-College Difference
$50,000 $55,570 +$5,570
$75,000 $83,355 +$8,355
$100,000 $111,140 +$11,140
$150,000 $166,710 +$16,710
$ in Binghamton = in Fairbanks-College

Same BEA Regional Price Parity ratio as the table above (92.9 → 103.2), computed live from your number, nothing is sent anywhere.

How the Price Gap Changed

Binghamton and Fairbanks-College share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 7.6 to 10.3 RPP points. Fairbanks-College remained the higher-index metro in the latest release.

Services changed the most within this pair: its gap moved 31.6 points between the first and latest shared releases (43.3 to 11.8 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Binghamton RPP Fairbanks-College RPP Relative Gap
2008 97.0 104.7 7.6 points Fairbanks-College higher
2012 94.9 97.9 3.0 points Fairbanks-College higher
2016 96.1 100.4 4.3 points Fairbanks-College higher
2020 96.9 99.4 2.4 points Fairbanks-College higher
2024 92.9 103.2 10.3 points Fairbanks-College 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.

Frequently Asked Questions

Is Fairbanks-College more expensive than Binghamton?

Fairbanks-College is 11.1% more expensive than Binghamton. The overall cost index is 103.2 vs 92.9 (national average = 100).

What salary in Fairbanks-College equals $100K in Binghamton?

A $100,000 salary in Binghamton has the same purchasing power as $111,140 in Fairbanks-College. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Binghamton and Fairbanks-College?

Rents in Binghamton are indexed at 69.7 while Fairbanks-College is at 92.6 (national average = 100). Fairbanks-College has higher rents.

Data sourced from official public datasets, Regional Price Parities (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

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.