Jerome, ID, offers a more affordable cost of living in several key areas compared to the nationwide average of 100. Housing stands at 83, suggesting a significant 17% savings for residents. Groceries cost 95, which is 5% less than the national average, making daily food expenses slightly lower. Utilities in Jerome are priced at 90, which represents a 10% reduction from the national average. Transportation costs slightly exceed the national average, standing at 92, a minimal 2% increase. These figures highlight Jerome's overall lower living expenses, making it an attractive option for cost-conscious job seekers.
Jerome, ID, presents a cost of living index that is notably lower than the nationwide average, which is set at 100. The overall cost of living index in Jerome stands at 89. This means that, on average, residents of Jerome spend about 11% less on their daily expenses compared to the average American. Lower housing costs are a significant factor, as Jerome's housing index is 83. This indicates that housing expenses in Jerome are about 17% below the national average.
When examining individual categories, Jerome offers some advantages. The grocery index stands at 95, showing that food expenses are nearly at the national average. Utilities and transportation follow closely behind at 90 and 92, respectively, meaning these costs are slightly below the average. Healthcare costs in Jerome are slightly higher at 98, reflecting minor increases in medical expenses. Miscellaneous costs are also lower at 85, making Jerome an attractive option for those looking to reduce overall living expenses.
