Cost of Living in Randolph, NY

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

87.6

100 = national avg

-12.4 vs national average

Living Wage (1 Adult)

$38,550

per year

Living Wage (Family of 4)

$91,117

per year

Cost Index by Category

Housing
70.9
Food
98.2
Transportation
96.4
Healthcare
98.5
Utilities
93.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$783

per month

2 Bedroom

$1,007

per month

The overall cost of living index in Randolph is 87.6, which is 12.4% below the national average. Housing costs are below the national average at an index of 70.9. A single adult needs to earn approximately $38,550 per year to cover basic expenses.