Housing costs in Jericho?
A typical home costs
$955,700, which is 182.7% more expensive than the national average of
$338,100 and 131.1% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Jericho costs
$2,520 per month, which is 76.2% more than the national average of
$1,430 and 22.2% more than the state average of
$1,960.
Can I afford Jericho?
To live comfortably in Jericho, New York, a minimum annual income of
$183,240 for a family, and
$84,000 for a single person is recommended.
What does A.I. say about Jericho?
The cost of living in Jericho, NY is relatively high compared to the rest of the country. The median home value in the area is around $845,000, which is more than double the national median. The average rent for a one-bedroom apartment is $1,500 per month, and prices for groceries and other goods are also higher than average. Despite this, there are some discounts available for residents who qualify based on income or other criteria. Additionally, taxes are fairly low in Jericho which helps to offset some of the higher costs associated with living here.