Jerome, ID, has a cost of living index that is slightly lower than the nationwide average. The overall cost of living index for Jerome is 91, which is 9% below the national average of 100. This means that, on average, residents in Jerome can expect to spend less on most goods and services compared to the rest of the country.
Specifically, Jerome's housing costs are 15% lower than the national average, while groceries are only 8% below the average. Utilities and healthcare costs are slightly above the national average, at 97 and 95, respectively. Transportation and miscellaneous costs are also close to the national average, with Jerome's index at 90 and 88, respectively. This data suggests that Jerome offers a balanced cost of living with some areas being more affordable.
Jerome, Idaho, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Jerome stands at 88, which is 12% below the national average of 100. This lower index suggests that residents of Jerome can expect to spend less on their daily expenses compared to the average American. Housing costs in Jerome are 15% below the national average, with an index of 85. This makes Jerome an attractive option for those looking to save on housing expenses.
In addition to housing, Jerome's grocery costs are slightly above the national average, with an index of 92. This means that groceries cost 2% more than the national average. Utilities in Jerome are also slightly above the national average, with an index of 97. This indicates a 7% increase in utility costs. Transportation costs in Jerome are 10% below the national average, with an index of 90. Healthcare costs in Jerome are 5% below the national average, with an index of 95. Miscellaneous costs in Jerome are also 12% below the national average, with an index of 88. Overall, Jerome provides a cost of living that is favorable for those seeking to reduce their expenses while maintaining a good quality of life.