Jericho, NY, has a higher cost of living compared to the nationwide average. The cost of living index in Jericho stands at 130, which is 30% higher than the national average of 100. Housing costs are notably elevated, with an index of 210, indicating a significant premium for residents. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also exceed the national average, contributing to the overall higher cost of living in Jericho.
The cost of living in Jericho, NY, significantly exceeds the nationwide average, which is set at 100. Housing costs are particularly high, with an index of 210. This means housing expenses in Jericho are 110% higher than the national average. For job seekers considering this area, the elevated housing costs could be a major factor in their budget planning.
Other expenses also show Jericho's higher cost of living. Groceries have an index of 120, indicating a 20% increase over the national average. Utilities, at 110, are 10% higher, while transportation costs, at 105, are 5% above the average. Healthcare costs are 30% higher, with an index of 130, and miscellaneous expenses are 15% higher, at 115. These figures highlight the overall higher cost of living in Jericho compared to the national average.
