Randolph cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexRandolphMassachusettsNational
Cost of living index132130100
IndexRandolphMassachusettsNational
Goods & Services index127111100
Groceries index108113100
Health care index124111100
Housing index145167100
Transportation index116117100
Utilities index156126100
A general overview of the cost of living index for Randolph, MA is displayed above. In Randolph, MA, the overall cost of living index is 132, which is 1% higher than the Massachusetts average and 32% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Randolph, MA, the city's goods and services are 15% higher than the Massachusetts average and 27% higher than the U.S. average.

Did you know?

  • The cost of living in Randolph is 1% higher than the Massachusetts average.
  • The cost of living in Randolph is 32% higher than the national average.
  • The cost of housing in Randolph is 45% higher than the national average.
  • Massachusetts general sales tax is 23% higher than the national average.
  • Massachusetts state income tax is 132% higher than the national average.

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Salary Calculator

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Use the salary calculator to compare your current salary in Randolph, MA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Randolph, MA, then you would need to earn more income in order to maintain the same standard of living. To use the Randolph, MA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$82,988$6,916$1,936$2,490
Renters$26,906$2,242$628$807
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Randolph, MA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Randolph, MA homeowners, is $82,988. This would allow for a maximum of $1,936 per month to be spent on housing costs. For renters, the median monthly income is $26,906 which would result in a maximum of $628 to be spent on rental costs.

Massachusetts Sales Tax

StateGeneral Sales TaxWith Max Surtax
Massachusetts6.25%6.25%

Massachusetts Income Tax

StateIncome Tax (Low)Income Tax (High)
Massachusetts5.15%5.15%
When assessing the complete cost of living in Randolph, MA, the Massachusetts income tax and the Massachusetts sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Massachusetts maximum surtax is 6.25%, and the Massachusetts sales tax is 6.25%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 5.15% to 5.15% in Massachusetts.

Goods & Services

ItemRandolphNational avg.Difference
Haircut $19.67$14.5934.8%
Beauty Salon $54.00$34.6855.7%
Toothpaste $2.54$2.472.7%
Shampoo $1.00$1.022.2%
Movie $11.69$9.8718.5%
Bowling $5.75$4.3930.9%

Groceries

ItemRandolphNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.67$1.4614.1%
Milk $2.29$2.362.8%
Potatoes $3.29$3.067.5%
Pizza $10.00$9.248.2%
Beer $8.99$8.634.1%

Health Care

ItemRandolphNational avg.Difference
Optometrist $113.50$99.7813.8%
Doctor $151.00$105.0343.8%
Dentist $115.00$88.7029.6%
Ibuprofen $9.74$9.413.5%
Lipitor $310.83$298.504.1%

Housing

ItemRandolphNational avg.Difference
Home Price $258,900.00$175,700.0047.4%
Avg. Mortgage Payment $1,761.00$1,081.0362.9%
Apartment Rent $1,290.00$920.0040.2%

Transportation

ItemRandolphNational avg.Difference
Gasoline $2.35$2.0912.3%
Tire Balancing $57.29$45.2926.5%

Utilities

ItemRandolphNational avg.Difference
All Electricity$292.18$170.8071.1%
Phone $38.25$28.2635.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Southfield, MA01033%
Brockton, MA94,26712525%
Bridgewater, MA8,37412626%
Holbrook, MA10,92513333%
Abington, MA16,08113535%
Randolph, MA33,13513232%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Riviera Beach, FL33,12397-3%
Lawndale, CA33,15513333%
Land O' Lakes, FL33,1121011%
Rome, NY33,16190-10%
Woodridge, IL33,22711111%
Randolph, MA33,13513232%
Source: The Randolph, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.