Jericho, VT vs Wells, VT

The cost of living difference between Jericho, VT and Wells, VT is dramatic. Wells is 37.3% cheaper than Jericho, a gap that translates to thousands of dollars per year in household expenses. Jericho has a cost index of 121 while Wells sits at 88, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Jericho is $1,752/month compared to $1,208/month in Wells — a 45% difference. Home values follow the same pattern: Wells is more affordable at $198,400 median vs $397,800.

Median household income in Jericho is $94,063 compared to $73,750 in Wells (+27.5%). The higher salaries in Jericho partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Jericho spend roughly 22.4% of their income on rent, more than the 19.7% in Wells.