Lima → Binghamton

Moving from Lima to Binghamton shifts your BEA Regional Price Parity from 89.7 to 92.9 (100 = US average), so a Lima salary needs to be multiplied by 1.04 to hold the same purchasing power in Binghamton. On rent, HUD Fair Market Rent for a 2-bedroom goes from $1,108/month in Lima to $1,103/month in Binghamton - a lower 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 $61,326 in Lima versus $70,400 in Binghamton - a raw gap of $9,074 higher. The Binghamton labor market has 89,220 tracked jobs against 43,810 in Lima, 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 Lima and Binghamton are 293 and 380 per 100,000 (state-level). NCES student-teacher ratios run 18.2:1 at origin versus 11.8:1 at destination. DOL center-based infant care costs $11,791/year in Lima versus $13,869/year in Binghamton. Our composite verdict - Less Favorable - weighs all seven federal sources; the dimension table below lets you override that with your personal priorities.