Cost of Living in Randolph, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.9
100 = national avg
+10.9 vs national average
Living Wage (1 Adult)
$48,798
per year
Living Wage (Family of 4)
$115,342
per year
Cost Index by Category
Housing112.9
Utilities103.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,197
per month
2 Bedroom
$1,358
per month
The overall cost of living index in Randolph is 110.9, which is 10.9% above the national average. Housing costs are above the national average at an index of 112.9. A single adult needs to earn approximately $48,798 per year to cover basic expenses.