Jerome, ID, presents a cost of living index that is slightly below the nationwide average. The overall cost of living in Jerome stands at 93, which is 7% lower than the national benchmark of 100. This modest difference makes Jerome an attractive option for those seeking a more affordable lifestyle without significant sacrifices in quality of life.
Jerome, Idaho, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Jerome stands at 93, which is 7% below the national average of 100. This lower cost is largely due to housing, which costs 10% less than the average. Jerome residents benefit from more affordable housing, making it easier to manage living expenses.
In addition to housing, Jerome's groceries and utilities are also slightly more affordable. The grocery index is at 95, which is 5% below the national average. Utilities, at 98, are just 2% below the average, indicating minor savings in these areas. Transportation costs in Jerome are 7% below the national average, with an index of 93. Healthcare costs are slightly lower, with an index of 97, which is 3% less than the average. Miscellaneous expenses, like entertainment and personal care, are at 92, which is 8% below the national average. Overall, Jerome provides a cost-effective living environment for those seeking a more affordable lifestyle.