Jerome, ID, shows a lower cost of living compared to the nationwide average. Specifically, Jerome's overall cost of living index is 94.7, which means it is 5.3% lower than the national average of 100. Housing in Jerome stands at 85, 15% below the average, while utilities are slightly above at 98, 2% higher.
Groceries cost 95 in Jerome, matching closely with the national average, and transportation stands at 90, 10% lower. Healthcare costs are on par with the national average at 100, and miscellaneous expenses are at 92, which is 8% below the average. This data suggests Jerome offers a more affordable living experience in certain areas.
Jerome, Idaho, has a cost of living index that offers several advantages for job seekers and families. Housing costs in Jerome stand at 85, which is 15% lower than the national average. This means that people in Jerome can expect to pay less for their homes compared to the nationwide average. Lower housing costs can make Jerome an attractive option for those looking to buy a home or rent an apartment, offering more value for their money.
In Jerome, the cost of groceries is slightly above the national average, with an index of 95, representing a 5% increase. While the increase is minor, it is worth noting for those planning their monthly budgets. Utilities in Jerome are at 98, indicating a modest 2% rise over the national average. This small increase suggests that residents can expect minimal additional costs for essential services like electricity, gas, and water. Overall, Jerome provides a balanced living experience with only slight variations in cost compared to the national average.