Cost of Living in Randolph, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.8
100 = national avg
-9.2 vs national average
Living Wage (1 Adult)
$39,973
per year
Living Wage (Family of 4)
$94,481
per year
Cost Index by Category
Housing111.7
Food84.8
Transportation69.7
Healthcare87.9
Utilities93.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$850
per month
2 Bedroom
$932
per month
The overall cost of living index in Randolph is 90.8, which is 9.2% below the national average. Housing costs are above the national average at an index of 111.7. A single adult needs to earn approximately $39,973 per year to cover basic expenses.