Genoa, IL vs Jerome, IL
There is a significant gap in the cost of living between these two cities. Jerome is 18% cheaper than Genoa. With a cost index of 70 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Jerome to Genoa should plan for substantially higher expenses across most categories.
On the housing front, median rent in Genoa is $1,004/month compared to $954/month in Jerome — a 5% difference. Home values follow the same pattern: Jerome is more affordable at $116,700 median vs $201,600.
Median household income in Genoa is $79,343 compared to $55,777 in Jerome (+42.3%). While Genoa is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Genoa spend roughly 15.2% of their income on rent, less than the 20.5% in Jerome.
Climate-wise, Jerome is notably warmer with an average of 54°F compared to 47.8°F in Genoa. Jerome receives more rainfall at 38" per year compared to 37.4" in Genoa.
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Climate
NOAA 30-year normals (1991-2020)