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College Cost Planning in Binghamton, NY 2026

Estimate tuition, housing, financial aid, and payback using local planning benchmarks for Binghamton, New York. Use the calculator to stress-test your net cost before borrowing.

Local Planning Model, Not a School Directory

DegreeCalc treats Binghamton as an education-cost market for tuition, rent, aid, and payback planning. We do not publish synthetic or unverified institution names on this page. Before applying, verify specific schools with NCES College Navigator, College Scorecard, official catalogs, and each school's net price calculator.

Avg Public Tuition

$10,200

per year

Avg Private Tuition

$42,000

per year

Avg Rent Near Campus

$1,323

per month

Local Cost Market

3

benchmark points

Binghamton Overview

Population

47,969

Student Population

2,885 (6.0%)

Cost of Living Index

125.7 (avg: 100)

Walk Score

41/100

Transit Score

23/100

Unemployment Rate

4.2%

College Cost Calculator for Binghamton

Cost Inputs

Total Cost (4 Years, Public In-State)

$98,592

Total After Financial Aid

$98,592

Annual Cost

$24,648

Annual After Aid

$24,648

Cost Breakdown (4 Years)

Tuition$40,800
Room & Board$57,792

If Financed (10-Year Loan at 6.5%)

Loan Amount$98,592
Monthly Payment$1,119
Total Interest$35,747
Total Loan Cost$134,339

Education Cost Benchmarks in Binghamton

These are city-level planning estimates for tuition, housing, aid, and student costs. Use them for budgeting, then verify specific schools with NCES College Navigator, College Scorecard, and the institution's own net price calculator.

Institution count

3

Public tuition

$10,200

Private tuition

$42,000

Community college

$6,040

Cost of Living in Binghamton vs. National Average

CategoryBinghamtonNational AvgDifference
Public Tuition (In-State)$10,200$10,940-$740
Monthly Rent Near Campus$1,323$1,050+$273
Cost of Living Index125.7100+25.700000000000003

Binghamton's cost of living is above the national average. Students should budget accordingly and consider off-campus housing options to reduce expenses.

Student Life in Binghamton

41

Walk Score

Car-Dependent

23

Transit Score

Minimal Transit

6.0%

Student Population

2,885 students

Binghamton has a total population of 47,969, with approximately 2,885 college students (6.0% of the population). While not primarily a college town, Binghamton offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Binghamton

$42,723

Starting Salary

4.2%

Unemployment Rate

74%

Graduation Rate

~12.8 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Binghamton earn a median starting salary of $42,723, which is $7,723 more per year the average high school graduate salary of $35,000. At the modeled net cost, the salary premium would take about 12.8 years to cover the investment. With average financial aid of $9,523 per student per year, the net cost can change materially by school and program.

Other Cities in New York

Methodology & Education Data Sources for Binghamton

How we compile Binghamton college data: Our institution profiles, tuition figures, and outcome data combine multiple federal datasets — primarily IPEDS (Integrated Postsecondary Education Data System), which all Title IV-eligible US colleges report to annually, and College Scorecard from the US Department of Education. Cost-of-attendance figures include published tuition, fees, room/board, books, and transportation per institutional reporting.

  1. Tuition data reflects published in-state and out-of-state rates per IPEDS for Binghamton institutions, updated annually.
  2. Acceptance rates sourced from College Scorecard (most recent reporting cycle), reflecting first-year first-time freshman admissions.
  3. Earnings outcomes tracked 6-10 years post-enrollment per College Scorecard, comparing earnings to high school graduates ($30,200 baseline).
  4. Default rates: Cohort Default Rate (CDR) from US Dept of Education tracks 3-year repayment outcomes after entering repayment.
  5. Local context: Binghamton's walk score, transit options, and cost of living affect total college expenses beyond tuition.

Authoritative US education data sources:

Education Disclaimer: College data reflects most recent IPEDS/Scorecard reporting (typically 1-2 year lag). Tuition can change annually. Always verify current figures with the institution's financial aid office. Use the FAFSA Estimator for personalized aid eligibility.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS data current as of latest annual release

Frequently Asked Questions

How much does college cost in Binghamton, NY?

Average annual in-state public university tuition in Binghamton is $10,200. Private university tuition averages $42,000, and community college tuition averages $6,040. When room and board ($14,448/year) is included, the total annual cost at a public university is approximately $24,648.

How many local cost benchmarks are used for Binghamton, NY?

Binghamton uses approximately 3 local education-market benchmark points for tuition, housing, and student-cost planning. The city has an estimated student population of approximately 2,885, which represents 6.0% of the total population.

What is the average rent near campus in Binghamton?

The average rent near college campuses in Binghamton is approximately $1,323 per month. The city has a cost of living index of 125.7 (national average is 100), a walk score of 41, and a public transit score of 23. Students can save on housing by sharing apartments or living further from campus.

What is the average starting salary after college in Binghamton?

College graduates in Binghamton earn a median starting salary of $42,723. The local unemployment rate is 4.2%. With an average financial aid package of $9,523 per student and a 74% graduation rate, students should carefully plan their college journey to maximize their return on investment.

Is it worth going to college in Binghamton, NY?

With a median starting salary of $42,723 and an average 4-year public university cost of $98,592 (including room and board), the modeled salary premium can recoup the net investment in about 12.8 years. The 74% graduation rate underscores the importance of choosing the right program and staying on track academically.

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