Zip 04346 (Randolph, ME) Cost of Living


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Randolph cost of living score
88.6
Less expensive
11.4% lower
than the US average
8.7% lower
than the Maine average
Randolph (zip 04346), Maine gets a BestPlaces Cost of Living score of 88.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.4% lower than the U.S. average and 8.7% higher than the average for Maine.

Zip 04346 (Randolph, ME)

Housing costs in Randolph?
A typical home costs $229,700, which is 32.1% less expensive than the national average of $338,100 and 31.2% less expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Randolph costs $980 per month, which is 31.5% cheaper than the national average of $1,430 and 27.6% cheaper than the state average of $1,250.

Can I afford Randolph?
To live comfortably in Randolph (zip 04346), Maine, a minimum annual income of $43,920 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Randolph?
Living in 04346 Randolph, ME comes with a cost. The cost of living is 5.6% higher than the national average and housing prices are 9% higher than the national average. The median home value here is $212,100 which is well above the state median of $199,000. Renters will find that the median rent price in this area is $1,260 per month which is slightly higher than the national median of $1,153 per month. Utility costs are also higher than surrounding areas and the sales tax rate stands at 5.5%. However, income taxes for residents of 04346 Randolph, ME are lower than the national average as only 7% of income over $2,000 must be paid to the state government.
   Cost of living score
     CategoriesRandolphMaineUnited States
  88.697.0100.0
  103.9107.1100
  93.696.5100.0
  70.0103.4100.0
  $229,700$334,000$338,100
  106.2%103.6%100.0%
  77.679.2100.0
  90.092.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime