Cost of Living in Jerome, ID
Population 12,689 · Idaho · Data vintage 2023
(100 = US avg)
Jerome offers a notably favorable income-to-housing ratio for its region. The typical home — $215,000 — costs less than 3.3 times median household income of $65,343, a threshold many coastal markets passed a decade ago.
Jerome lies roughly 105 miles southeast of the nearest major metro, Boise City — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 53% lower than Boise City's $456,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Jerome
The median home value in Jerome is $214,900 — 30% below the national median of $305,000. Median rent runs $900/month, 32% lower than the national median of $1,314/month. The median household income of $65,343/year is 12% lower than the US median of $74,580. The local unemployment rate is 4.8%, below the national average of 4.8%. Idaho's top state income tax rate is 5.8% and the combined sales tax is 6.0%. The climate averages highs of 61.6°F and lows of 38.8°F. Overall, Jerome has a cost of living index of 70 versus the US average of 100, meaning it is 30% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 36 | 41 | 53 | 60 | 70 | 79 | 90 | 88 | 78 | 63 | 48 | 36 |
| Low °F | 23 | 25 | 32 | 36 | 44 | 51 | 59 | 57 | 49 | 39 | 29 | 23 |
| Precip" | 1.21 | 0.72 | 1.10 | 1.06 | 1.44 | 0.62 | 0.11 | 0.27 | 0.33 | 0.77 | 0.96 | 1.31 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Jerome, ID?
Jerome has a cost index of 70 (100 = national average). It is 30% below the national average.
What is average rent in Jerome, ID?
The median gross rent in Jerome is $900 per month based on 2023 Census data.
What is the average home price in Jerome?
The median home value in Jerome is $214,900 according to Zillow and Census data.
What is the median income in Jerome?
The median household income in Jerome is $65,343 per year (2023 ACS 5-year estimates).
What is the sales tax in Jerome, ID?
The combined state and local sales tax rate in Jerome is 6.0%. The Idaho state income tax top rate is 5.8%.
Is Jerome, ID affordable?
Yes, Jerome is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.
What is the weather like in Jerome?
Jerome has average high temperatures of 61.6°F and average lows of 38.8°F. Annual precipitation is 9.9". Data from NOAA 1991–2020 Climate Normals.
Jerome at a Glance
- Population
- 12,689
- Median Income
- $65,343
- Home Value
- $214,900
- Median Rent
- $900/mo
- Unemployment
- 4.8%
- Avg High Temp
- 61.6°F
- Sales Tax
- 6.0%
Explore county-level cost of living data
Idaho Rankings
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