What is the cost of living in Jerome, ID?
According to the most recent data on the cost of living, Jerome has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Idaho, Jerome has a cost of living index that's 1.0x lower than Idaho's index of 100.
The standard of living in Jerome ranks as #10 most affordable out of the 35 places we measured in Idaho. By definition, that implies Jerome ranks as the #25 most expensive place in the Gem State.
For more reading on life in Jerome, check out:
Jerome Cost Of Living Vs. Idaho
Six factors go into calculating the cost of living index in Jerome. Here is how it fares on each of the criteria:
The Services index in Jerome is 103.
The Groceries index in Jerome is 98.
The Health index in Jerome is 81.
The Housing index in Jerome is 106.
The Transportation index in Jerome is 102.
The Utilities index in Jerome is 103.
| Living Expense | Jerome | Idaho | National Average |
|---|---|---|---|
| Overall | 97 | 100 | 100 |
| Services | 103 | 100 | 100 |
| Groceries | 98 | 101 | 100 |
| Health | 81 | 89 | 100 |
| Housing | 106 | 104 | 100 |
| Transportation | 102 | 103 | 100 |
| Utilities | 103 | 107 | 100 |
Jerome Cost Of Living Compared To Idaho Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Idaho, check out:
Protect your home budget Compare home warranties in Jerome Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Jerome, ID Housing Cost Breakdown
Housing swings affordability the most between places in Idaho, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Jerome is $399,693.
The Median Rent in Jerome is $947.
The Median Income in Jerome is $66,894.
The Home Value To Income in Jerome is 6.0x.
The Rent To Monthly Income in Jerome is 0.17x.
Jerome, ID Costs By Category
Detailed Jerome Services costs vs. Idaho
Detailed Jerome Groceries costs vs. Idaho
Detailed Jerome Health costs vs. Idaho
Detailed Jerome Transportation costs vs. Idaho
Jerome SnackAbility
Cost Of Living In Cities Around Jerome
The cost of living varies in the cities and towns around Jerome. Here's a quick look at the cost of living in the most populous nearby places:
Twin Falls, ID has a cost of living index of 98, 1.0x Jerome.
Burley, ID has a cost of living index of 92, 0.9x Jerome.
Rupert, ID has a cost of living index of 94, 1.0x Jerome.
| City | Population | Cost Of Living | Vs. Jerome |
|---|---|---|---|
| Twin Falls, ID | 54,164 | 98 | 1.0x |
| Burley, ID | 11,958 | 92 | 0.9x |
| Rupert, ID | 6,190 | 94 | 1.0x |
| Kimberly, ID | 5,111 | 101 | 1.0x |
