States › New York › Jericho

Is Jericho, NY expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,93667% higher than U.S. average
💵 Families earn per year (2026)$181,118about $15,093/month · 108% higher than U.S. average
🔑 House price$948,400185% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 95% of U.S. cities. A typical house costs about 5.2 years of household income. Commutes are long, about 40.8 minutes each way. Most homes (79.6%) are owned, so rentals can be hard to find. It is a highly educated city: 70.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $117,440 a year. That is $56 an hour at a full-time job.

Is rent cheaper than other New York cities?

No. Rent here is more expensive than in most of New York. It is number 276 of 343 cities from cheapest to most expensive.

Jericho
$2,936
$963
$1,896
$3,426
$2,103

How much do households earn in Jericho?

Under $25k
4.8%
$25k–50k
6.4%
$50k–100k
20.9%
$100k–150k
21.7%
$150k+
43.7%

Share of households by yearly income. 65.4% of households earn $100,000 or more.

Rent by apartment size in Jericho

SizeJerichoU.S. average
Studio$2,483$1,338
1 bedroom$2,563$1,324
2 bedrooms$3,325$1,509
3 bedrooms$3,500+$1,698
4 bedrooms$3,500+$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Jericho overall?

Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).

Housing
122
Goods (food, clothes…)
107
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Jericho, so the New York figure is shown.

Taxes and bills in Jericho

🏛️ Property tax$10,000+a year · 1.05% of home value · U.S. $3,119
⚡ Electric bill$198a month (typical) · U.S. $156

Life in Jericho

Commute to work40.8 minU.S.: 26.4 min
College degree70.5%U.S.: 35.7%
Own their home79.6%U.S.: 65.2%
Below poverty line7.3%U.S.: 12.5%
Unemployment4.1%U.S.: 5.2%

Is it cheaper to rent or buy in Jericho?

Renting is cheaper right now: about $3,645 a month less.

Renting
$2,936
Owning
$6,581

Owning assumes a typical $948,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $94,840 for the down payment.

Frequently asked questions

What is the average rent in Jericho, NY?

Renting in Jericho costs a median of about $2,936 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Jericho?

To keep rent under 30% of income, you need about $117,440 a year, or $56 an hour at a full-time job.

Is Jericho cheap or expensive?

Jericho is rated Cheap: rent takes 19.5% of the typical household income of $181,118. It ranks 276th cheapest of 343 New York cities we track.

How much are property taxes in Jericho?

The median homeowner in Jericho pays $10,000+ a year in property taxes, about 1.05% of the median home value.

Is Jericho more expensive than the national average?

Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Jericho?

The median home value in Jericho is $948,400, about 5.2 times the typical yearly household income.

13,759 people live in Jericho. Numbers are typical (middle) values.