Can A Retail Salesperson Afford Rent in Binghamton, NY?
Stretched but workable — rent takes 37.5% of gross income.
Binghamton rent: June 2026. Salary: BLS OEWS May 2024 (New York state estimate).
About rent and a retail salesperson salary
Retail pay sits below the rent threshold needed for solo apartment living in most US metros, which is the central tension behind the widely studied retail-housing affordability gap. At the national-average retail salary, the 30% rule supports about $927 a month in rent — below the median one-bedroom rent in nearly every metro tracked here. The per-city pages show which markets are least out of reach.
Cheaper rent nearby
These New York cities have lower median rent than Binghamton, which improves the affordability math on a retail salesperson salary:
Compare with full rent data for Binghamton
View full rent data for Binghamton, NY →Frequently asked questions
Can a retail salesperson afford rent in Binghamton, NY?
Median rent in Binghamton is $1,322 a month. A typical retail salesperson in New York earns about $42,260 a year, which makes that rent 37.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a retail salesperson afford in Binghamton?
Using the 30% rule, a retail salesperson salary in New York (~$42,260/yr) supports up to $1,057 a month in rent. Binghamton's current median rent is $1,322/mo, which is $265/mo over the affordability threshold.
How many hours does a retail salesperson work to cover rent in Binghamton?
At an hourly equivalent of about $20 an hour, a retail salesperson in New York works roughly 65.1 hours a month to cover Binghamton's median rent of $1,322.
Where is rent cheaper than Binghamton for a retail salesperson?
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 a retail salesperson salary.