Can An Electrician Afford Rent in Binghamton, NY?
Comfortably affordable — rent takes 19.9% of gross income.
Binghamton rent: June 2026. Salary: BLS OEWS May 2024 (New York state estimate).
About rent and an electrician salary
Electrician pay is competitive with many four-year-degree occupations and covers comfortable rent across most US metros. Union journeymen in high-cost cities often earn well above the BLS mean once overtime and benefits are counted, which expands affordability further. At the national-average electrician salary, the 30% rule supports about $1,748 a month in rent. The per-city pages show where rent stays in range and where it begins to pinch.
Cheaper rent nearby
These New York cities have lower median rent than Binghamton, which improves the affordability math on an electrician salary:
Compare with full rent data for Binghamton
View full rent data for Binghamton, NY →Frequently asked questions
Can an electrician afford rent in Binghamton, NY?
Median rent in Binghamton is $1,322 a month. A typical electrician in New York earns about $79,686 a year, which makes that rent 19.9% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can an electrician afford in Binghamton?
Using the 30% rule, an electrician salary in New York (~$79,686/yr) supports up to $1,992 a month in rent. Binghamton's current median rent is $1,322/mo, which leaves a $670/mo buffer.
How many hours does an electrician work to cover rent in Binghamton?
At an hourly equivalent of about $38 an hour, an electrician in New York works roughly 34.5 hours a month to cover Binghamton's median rent of $1,322.
Where is rent cheaper than Binghamton for an electrician?
Nearby New York cities with lower median rent include Tonawanda ($1,321/mo), Tonawanda ($1,319/mo), Hamburg ($1,314/mo). Each shifts the affordability math materially on an electrician salary.