Overall
- Springfield
- 92.7
- Binghamton
- 92.9
Diff +0.1 RPP
Springfield vs Binghamton
Cost of living comparison based on BEA Regional Price Parities. Binghamton is 0.1% more expensive than Springfield.
0.1% more expensive
Binghamton, NY is 0.1% more expensive than Springfield, IL on BEA Regional Price Parities (overall RPP 92.9 vs 92.7). A $100,000 salary in Springfield buys about the same as $100,127 in Binghamton; the largest component gap is services.
- Overall RPP 92.7 (Springfield) vs 92.9 (Binghamton)
- $100k in Springfield ≈ $100,127 purchasing power in Binghamton
- Services drives the gap (+41.2 RPP points)
RPP parity plate
Pair IL:NY 92.7→92.9
PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE IL × 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.
Springfield
92.7
Cost Index
Binghamton
92.9
Cost Index
What This Comparison Actually Tells You
Springfield, IL and Binghamton, NY are a photo finish on overall price level, only 0.1 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 41.2 points higher. But rents 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 Springfield to $100,127 in Binghamton, but it is not a personal spending weight.
Category Breakdown
Goods
- Springfield
- 93.6
- Binghamton
- 99.7
Diff +6.0 RPP
Services
- Springfield
- 90.4
- Binghamton
- 131.6
Diff +41.2 RPP
Rents
- Springfield
- 71.6
- Binghamton
- 69.7
Diff -1.9 RPP
| Category | Springfield | Binghamton | Difference |
|---|---|---|---|
| Overall | 92.7 | 92.9 | +0.1 |
| Goods | 93.6 | 99.7 | +6.0 |
| Services | 90.4 | 131.6 | +41.2 |
| Rents | 71.6 | 69.7 | -1.9 |
Visual Comparison
Overall
Springfield 92.7
Binghamton 92.9
Goods
Springfield 93.6
Binghamton 99.7
Services
Springfield 90.4
Binghamton 131.6
Rents
Springfield 71.6
Binghamton 69.7
Vertical line = national average (100)
Salary Equivalents
What a salary in Springfield would need to be in Binghamton for the same purchasing power:
| In Springfield | In Binghamton | Difference |
|---|---|---|
| $50,000 | $50,064 | +$64 |
| $75,000 | $75,095 | +$95 |
| $100,000 | $100,127 | +$127 |
| $150,000 | $150,191 | +$191 |
$ in Springfield = in Binghamton
Same BEA Regional Price Parity ratio as the table above (92.7 → 92.9), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Binghamton more expensive than Springfield?
Binghamton is 0.1% more expensive than Springfield. The overall cost index is 92.9 vs 92.7 (national average = 100).
What salary in Binghamton equals $100K in Springfield?
A $100,000 salary in Springfield has the same purchasing power as $100,127 in Binghamton. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Springfield and Binghamton?
Rents in Springfield are indexed at 71.6 while Binghamton is at 69.7 (national average = 100). Springfield 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.