Jericho, NY vs Long Beach, NY
There is a significant gap in the cost of living between these two cities. Long Beach is 26.2% cheaper than Jericho. With a cost index of 166 vs 209, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Long Beach to Jericho should plan for substantially higher expenses across most categories.
On the housing front, median rent in Jericho is $3,098/month compared to $2,377/month in Long Beach — a 30% difference. Home values follow the same pattern: Long Beach is more affordable at $661,500 median vs $923,600.
Median household income in Jericho is $180,072 compared to $130,795 in Long Beach (+37.7%). While Jericho is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Jericho spend roughly 20.6% of their income on rent, less than the 21.8% in Long Beach.
Climate-wise, both cities share similar average temperatures (53.4°F vs 54.3°F). Long Beach receives more rainfall at 43.3" per year compared to 38.3" in Jericho.
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NOAA 30-year normals (1991-2020)