Zip 38864 (Randolph, MS) Cost of Living


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How much do I need to live in Randolph, Mississippi?
$2,010 / month
for a family, 62.8% less expensive than the national average A total of $24,120 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Randolph cost of living score
74.4
Less expensive
25.6% lower
than the US average
5.5% lower
than the Mississippi average
Randolph (zip 38864), Mississippi gets a BestPlaces Cost of Living score of 74.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.6% lower than the U.S. average and 5.5% higher than the average for Mississippi.

Zip 38864 (Randolph, MS)

Housing costs in Randolph?
A typical home costs $125,700, which is 62.8% less expensive than the national average of $338,100 and 19.1% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Randolph costs $760 per month, which is 46.9% cheaper than the national average of $1,430 and 17.1% cheaper than the state average of $890.

Can I afford Randolph?
To live comfortably in Randolph (zip 38864), Mississippi, a minimum annual income of $24,120 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Randolph?
The cost of living in 38864 Randolph, MS is relatively low compared to other parts of the state. According to recent data from the US Census Bureau, the median home value in the area is around $119,300 and the median household income is $41,976. This makes it an affordable place to live for those looking to settle down or buy a home. The local economy is mostly supported by agriculture-related jobs, which tend to have lower wages than those found in metropolitan areas. However, there are plenty of other job opportunities available if one looks hard enough. Grocery stores, restaurants, and other services offer more than enough employment options for those looking for work. Additionally, there is a great sense of community here due to its small-town atmosphere and friendly people who always take time out of their day to greet and help visitors and locals alike.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRandolphMississippiUnited States
    Unlock78.7100.0
  92.5  Unlock100.0
    Unlock101.9100.0
  36.5  Unlock100.0
    Unlock$155,300$338,100
  96.6  Unlock100.0
    Unlock83.4100.0
  62.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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