Cost Of Living in Jerome, AZ

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Jerome	Arizona	National
Cost of living	116	101	100
Goods & Services	112	104	100
Groceries	104	102	100
Health care	88	94	100
Housing	145	97	100
Transportation	105	106	100
Utilities	85	95	100

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Cost Of Living Quick Facts

The cost of living in Jerome is 16% higher than the Arizona average
The cost of living in Jerome is 16% higher than the national average
Jerome housing is 45% higher than the national average
Arizona general sales tax is 10% higher than the national average
Arizona state income tax is 4% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$86,250	$7,188	$2,012	$2,588
Renters	$35,250	$2,938	$822	$1,058

Arizona Sales Tax

State	General Sales Tax	With Max Surtax
Arizona	5.6%	10.725%

Arizona Income Tax

State	Income Tax (Low)	Income Tax (High)
Arizona	2.5%	2.5%

Goods & Services

Item	Jerome	National avg.	Difference
Haircut	$22.83	$24.26	5.9%
Beauty Salon	$38.80	$45.56	14.8%
Toothpaste	$3.54	$3.70	4.3%
Shampoo	$1.33	$1.28	4.1%
Movie	$11.70	$12.13	3.5%
Bowling	$26.78	$18.00	48.8%

Groceries

Item	Jerome	National avg.	Difference
Ground Beef	$5.21	$5.84	10.7%
Fried Chicken	$1.73	$1.57	9.7%
Milk	$4.78	$4.67	2.4%
Potatoes	$4.05	$4.93	17.9%
Pizza	$13.22	$12.09	9.4%
Beer	$11.51	$10.41	10.6%

Health Care

Item	Jerome	National avg.	Difference
Optometrist	$83.94	$125.68	33.2%
Doctor	$96.11	$135.78	29.2%
Dentist	$104.95	$113.29	7.4%
Ibuprofen	$11.06	$10.65	3.8%
Lipitor	$472.82	$468.60	0.9%

Housing

Item	Jerome	National avg.	Difference
Home Price	$312,100.00	$184,700.00	69.0%
Avg. Mortgage Payment	$2,137.30	$2,346.69	8.9%
Apartment Rent	$836.00	$949.00	11.9%

Transportation

Item	Jerome	National avg.	Difference
Gasoline	$3.58	$3.46	3.4%
Tire Balancing	$45.24	$59.92	24.5%

Utilities

Item	Jerome	National avg.	Difference
All Electricity	$272.57	$193.99	40.5%
Phone	$184.69	$192.25	3.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Cottonwood CDP, AZ	186	86	13.8%
Cottonwood, AZ	12,228	104	3.8%
Camp Verde, AZ	11,241	104	4.4%
Verde Village, AZ	12,780	108	8.2%
Prescott Valley, AZ	45,592	113	12.7%
Jerome, AZ	416	116	16.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
St. Mary's, CO	416	100	0.1%
Between, GA	416	111	10.9%
Earling, IA	416	84	16.3%
Hartsville, IN	416	83	16.6%
Hazleton, IN	416	85	15.5%
Jerome, AZ	416	116	16.5%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Jerome, AZ