Jerome, ID, boasts a cost of living index that is notably below the nationwide average, which is set at 100. Jerome's overall cost of living index is 92, indicating that it is 8% cheaper to live there compared to the national average. This lower cost of living can make Jerome an attractive option for job seekers looking to maximize their spending power.
Breaking down the cost of living index, Jerome shows particular affordability in housing, at 85, which is 15% below the average. Groceries, utilities, transportation, healthcare, and miscellaneous expenses also generally remain under the average, each showing small deviations above or below 100. This consistent trend makes Jerome an appealing destination for those seeking a balanced, affordable living environment.
Jerome, ID, offers a cost of living that is relatively lower than the nationwide average of 100. Specifically, housing in Jerome stands at an index of 85, which means it costs 15% less than the national average. This lower cost can be a significant advantage for those looking to buy or rent a home in this charming town.
Other living expenses in Jerome also reflect a positive comparison to the national average. Groceries cost about 95, which is 5% lower. Utilities and transportation both clock in at 90, representing a 10% decrease each. Even healthcare, which typically varies less, matches the national average at 100. Miscellaneous costs are slightly below average at 92, which means they are 8% cheaper. Overall, Jerome provides a favorable cost of living, making it an attractive place for many people.
