Cost of Living in Randolph, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
101.6
100 = national avg
+1.6 vs national average
Living Wage (1 Adult)
$44,706
per year
Living Wage (Family of 4)
$105,669
per year
Cost Index by Category
Housing97.9
Food98.6
Transportation121.6
Healthcare98.9
Utilities98.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,154
per month
2 Bedroom
$1,274
per month
The overall cost of living index in Randolph is 101.6, which is 1.6% above the national average. Housing costs are below the national average at an index of 97.9. A single adult needs to earn approximately $44,706 per year to cover basic expenses.