Cost of Living in Randolph, ME
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.1
100 = national avg
-11.9 vs national average
Living Wage (1 Adult)
$38,768
per year
Living Wage (Family of 4)
$91,633
per year
Cost Index by Category
Housing86.4
Food90.4
Transportation91.8
Healthcare92.4
Utilities91.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,090
per month
2 Bedroom
$1,416
per month
The overall cost of living index in Randolph is 88.1, which is 11.9% below the national average. Housing costs are below the national average at an index of 86.4. A single adult needs to earn approximately $38,768 per year to cover basic expenses.