Cost of Living in Jerome, ID

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

99.9

100 = national avg

-0.1 vs national average

Living Wage (1 Adult)

$43,965

per year

Living Wage (Family of 4)

$103,918

per year

Cost Index by Category

Housing
99.9
Food
99.9
Transportation
99.9
Healthcare
100.0
Utilities
100.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$986

per month

2 Bedroom

$1,186

per month

The overall cost of living index in Jerome is 99.9, which is 0.1% below the national average. Housing costs are below the national average at an index of 99.9. A single adult needs to earn approximately $43,965 per year to cover basic expenses.