Housing costs in Jerome?
A typical home costs
$334,300, which is 1.1% less expensive than the national average of
$338,100 and 24.9% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Jerome costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 9.8% cheaper than the state average of
$1,120.
Can I afford Jerome?
To live comfortably in Jerome, Idaho, a minimum annual income of
$64,080 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Jerome?
The cost of living in Jerome, ID is relatively low compared to many other parts of the country. The median home price is around $129,000, while the median rent is just over $800 a month. Groceries cost about average for most places in America. Utility costs are lower than national averages and transportation expenses are very reasonable. Taxes are also close to the national average due to Idaho's lack of an income tax. Overall, Jerome offers a great quality of life at an affordable price, making it a popular choice for retirees and families alike.