Housing costs in Randolph?
A typical home costs
$377,900, which is 11.8% more expensive than the national average of
$338,100 and 22.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Randolph costs
$1,410 per month, which is 13.7% more than the national average of
$1,240 and close to the state average of
$1,400.
Can I afford Randolph?
To live comfortably in Randolph (zip 55065), Minnesota, a minimum annual income of
$72,360 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Randolph?
The cost of living in 55065 Randolph, MN is slightly lower than the US average. Housing costs are particularly affordable, with median home prices coming in around $115,000 and median rent at about $800 per month. Grocery and utility costs are also below the national average, while healthcare and transportation expenses remain slightly above it. Overall, 55065 Randolph provides a great quality of life for a relatively low cost.