Housing costs in Jerome?
A typical home costs
$71,900, which is 78.7% less expensive than the national average of
$338,100 and 60.5% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Jerome costs
$570 per month, which is 60.1% cheaper than the national average of
$1,430 and 47.4% cheaper than the state average of
$840.
Can I afford Jerome?
To live comfortably in Jerome, Arkansas, a minimum annual income of
$13,680 for a family, and
$17,200 for a single person is recommended.
What does A.I. say about Jerome?
The cost of living in Jerome, AR is relatively low compared to other cities in the US. The median home value is just over $100,000, and the median household income is about $45,000. Utility costs are also quite low in Jerome due to the mild climate year-round. Groceries and other necessities can be found for very affordable prices, and residents enjoy a variety of free activities like hiking and fishing around the area. The city has multiple parks for recreation and entertainment as well as many restaurants offering a range of cuisine at reasonable prices. All these factors make Jerome a great place to live or visit if you're looking for an affordable place with plenty to do.