Much like nearby areas, it's a lot more expensive compared to the United States as a whole. Even when compared to the city of New York, it is somewhat more expensive.
Home prices
Jericho's median home price is $797,400. In comparison to nearby areas this is about $18,900 (2%) higher.It is about $579,900 (266%) higher compared to the entire country, and it is about $191,400 (31%) higher compared to the city of New York.
Rents
Jericho's median monthly rent is $2,008. Compared to other places in this area it is approximately $58 (2%) lower.It is approximately $946 (89%) higher in comparison to the United States as a whole, and is about $565 (39%) higher compared to the city of New York.
Nearby places
Hicksville
Hicksville is Jericho's neighbor to the southeast. The real estate prices there are substantially less expensive. The median home in Hicksville costs $454,800, which works out to $342,600 (75%) lower than Jericho. Its rents are pretty similar. The median rent in Hicksville is $2,050 per month, which is $42 (2%) higher than Jericho.
Brookville
Brookville is Jericho's neighbor to the northwest. Real estate prices there are substantially more expensive. The median home in Brookville costs $1,952,900, which comes out to $1,155,500 (59%) higher than Jericho. Rent there is fairly similar. In Brookville the median monthly rent is $2,068, which works out to $60 (2%) higher than Jericho.
New Cassel
New Cassel is Jericho's neighbor to the southwest. The real estate prices there are substantially less expensive. The median home in New Cassel costs $362,900, which works out to $434,500 (119%) lower than Jericho. Rent there is a bit less expensive. The median rent in New Cassel is $1,639 per month, which is $369 (22%) lower than Jericho.
Syosset
Syosset is Jericho's neighbor to the northeast. The real estate prices there are a little less expensive. The cost of the median home in Syosset is $663,400, which is $134,000 (20%) lower than Jericho. Rent there is somewhat more expensive. Syosset's median rent is $2,734 a month, which works out to $726 (26%) higher than Jericho.
Westbury
Westbury is Jericho's neighbor to the southwest. Its real estate prices are a lot less expensive. The median home in Westbury costs $458,500, which is $338,900 (73%) lower than Jericho. Rents there are a little less expensive. The median rent in Westbury is $1,838 a month, which comes out to $170 (9%) lower than Jericho.