Housing costs in Randolph?
A typical home costs
$131,900, which is 61.0% less expensive than the national average of
$338,100 and 32.3% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Randolph costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 7.0% more than the state average of
$930.
Can I afford Randolph?
To live comfortably in Randolph, Iowa, a minimum annual income of
$25,200 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Randolph?
The cost of living in Randolph, IA is quite affordable compared to the national average. In fact, according to one study, the cost of living index in Randolph is only 89.7 and the median home price is around $129,000. This makes it an ideal place for people who are looking for a more affordable lifestyle or even retirees who want to enjoy a more relaxed environment with less expensive housing costs. Additionally, taxes are relatively low when compared to other cities and towns in Iowa. All of these factors make Randolph an attractive place to live for people on a budget.