Binghamton → Lima

Moving from Binghamton to Lima shifts your BEA Regional Price Parity from 92.9 to 89.7 (100 = US average), so a Binghamton salary needs to be multiplied by 0.97 to hold the same purchasing power in Lima. On rent, HUD Fair Market Rent for a 2-bedroom goes from $1,103/month in Binghamton to $1,108/month in Lima - a higher monthly bill of $5, or $60/year. That rent delta alone is often the single biggest line item when relocating.

Wages tell the other half. BLS Occupational Employment and Wage Statistics report a median salary of $70,400 in Binghamton versus $61,326 in Lima - a raw gap of $9,074 lower. The Lima labor market has 43,810 tracked jobs against 89,220 in Binghamton, shaping how easy it is to find a comparable role. Combine that with the cost-of-living shift above and you get the real purchasing-power delta, sometimes a "higher salary" is actually a pay cut once rent and RPP are applied.

Safety, schools, and childcare round out the move. FBI UCR violent crime rates near Binghamton and Lima are 380 and 293 per 100,000 (state-level). NCES student-teacher ratios run 11.8:1 at origin versus 18.2:1 at destination. DOL center-based infant care costs $13,869/year in Binghamton versus $11,791/year in Lima. Our composite verdict - Favorable - weighs all seven federal sources; the dimension table below lets you override that with your personal priorities.