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Cost of Living in Randolph County

Is it better to rent or buy in Randolph County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$72,881
$809/mo

Median in area: $809

$144,597

Median in area: $144,597

$28,919

If you Rent

🔑
$1,047 /mo
Base Rent$809
Est. Utilities$238
% of Income17.2%
Pre-tax Residual$5,026

If you Buy

🏠
$1,301 /mo
P&I (7.369%)$798
Taxes & Ins$265
Est. Utilities$238
% of Income21.4%
Pre-tax Residual$4,772

Compare Nearby Areas

See how Randolph County stacks up against neighboring areas.

countyJackson County, IL
$824/mo
countyPerry County, IL
$650/mo
countyPerry County, MO
$870/mo
countyMonroe County, IL
$985/mo
countySte. Genevieve County, MO
$771/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Randolph County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Randolph County. The estimated all-in monthly cost for renting is $1,047, while owning a median-priced home with a 20% down payment is roughly $1,301 per month (a difference of $254).

How much do utilities cost in Randolph County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Randolph County is approximately $238. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Randolph County?›

To comfortably afford the median rent and utilities in Randolph County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $41,880 per year.