Housing costs in Jerome?
A typical home costs
$128,400, which is 62.0% less expensive than the national average of
$338,100 and 46.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Jerome costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 38.5% cheaper than the state average of
$1,260.
Can I afford Jerome?
To live comfortably in Jerome, Illinois, a minimum annual income of
$24,480 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Jerome?
The cost of living in Jerome, IL is quite reasonable compared to other cities. The overall cost of living index in Jerome is 84.6 which is lower than the national average of 100. The median home value in Jerome is $159,100 and the median rent is $752 per month. Additionally, groceries, health care and transportation are significantly less expensive than most places in the U.S. This makes Jerome an affordable place to live with a low cost of living that means more money for leisure activities or other expenses.