Housing costs in Randolph township?
A typical home costs
$558,600, which is 65.2% more expensive than the national average of
$338,100 and 80.5% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Randolph township costs
$1,250 per month, which is 12.6% cheaper than the national average of
$1,430 and close to the state average of
$1,240.
Can I afford Randolph township?
To live comfortably in Randolph township, Minnesota, a minimum annual income of
$106,920 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Randolph township?
The cost of living in Randolph township, MN is relatively low compared to the national average. The median home price is $140,000 and the median rent for a two-bedroom apartment is $674 per month. The unemployment rate in Randolph township is below the national average, currently at 4.1%. Overall, living costs are very affordable in Randolph township. Utility costs are below the national average as well, while food prices remain slightly higher than what you’d find elsewhere in the state. Despite this, Randolph Township remains an attractive option for those seeking a more affordable lifestyle.