Cost of Living in Randolph, VT

Population 4,819 · Vermont · Data vintage 2023

85
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Randolph is a smaller Vermont community of around 5000 residents, where median household incomes of $72,179 and housing costs ($259,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.4% points to a labor market well on the tight side of the national distribution.

Located 85 miles northwest of Manchester, Randolph is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 23% lower than Manchester's $336,000.

Cost Overview

Housing 85
Rent 84

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Randolph

The median home value in Randolph is $259,100 — 15% below the national median of $305,000. Median rent runs $1,104/month, 16% lower than the national median of $1,314/month. The median household income of $72,179/year is 3% lower than the US median of $74,580. The local unemployment rate is 2.4%, below the national average of 4.8%. Vermont's top state income tax rate is 8.8% and the combined sales tax is 6.2%. The climate averages highs of 57.5°F and lows of 34.6°F. Overall, Randolph has a cost of living index of 85 versus the US average of 100, meaning it is 15% less expensive.

🏠 Housing

Median Home Value
$259,100
15% below avg
Median Rent
$1,104/mo
16% below avg
Price-to-Rent Ratio
19.6x
Favors buying
Property Tax Rate
1.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,013
1 BR
$1,034
2 BR
$1,259
3 BR
$1,647
4 BR
$1,727
Owner-occupied 63.1%
Renter-occupied 36.9%

💰 Estimated Monthly Budget

Rent median rent
$1,104
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,718/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.8 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.8%

Commute Mode

Drove alone
69.9%
Carpooled
9.4%
Public transit
0.7%
Walked
9.3%
Work from home
10.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 8.8%
Total Sales Tax 6.2%
State rate 6.0%
Avg local rate 0.2%
Property Tax 1.9%

💼 Income & Employment

Median Household Income
$72,179
3% below avg
Per Capita Income
$37,606
Unemployment Rate
2.4%
50% below avg
Poverty Rate
9.3%
Labor Force Participation
53.9%

🎓 Education

Bachelor's degree+ 19.8%
Graduate degree 19.2%

👥 Demographics

Median Age 39.7
Male median age 36.6
Female median age 44.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.5°F
Avg Low
34.6°F
Annual Precip
38.1"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303443577078838173604736
Low °F 91121324452585649372818
Precip" 2.292.102.702.993.323.803.993.623.444.002.982.84

Frequently Asked Questions

What is the cost of living in Randolph, VT?

Randolph has a cost index of 85 (100 = national average). It is 15% below the national average.

What is average rent in Randolph, VT?

The median gross rent in Randolph is $1,104 per month based on 2023 Census data.

What is the average home price in Randolph?

The median home value in Randolph is $259,100 according to 2023 Census ACS data.

What is the median income in Randolph?

The median household income in Randolph is $72,179 per year (2023 ACS 5-year estimates).

What is the sales tax in Randolph, VT?

The combined state and local sales tax rate in Randolph is 6.2%. The Vermont state income tax top rate is 8.8%.

Is Randolph, VT affordable?

Yes, Randolph is generally considered affordable, with a cost of living index of 85 — about 15% below the US national average of 100.

What is the weather like in Randolph?

Randolph has average high temperatures of 57.5°F and average lows of 34.6°F. Annual precipitation is 38.1". Data from NOAA 1991–2020 Climate Normals.

Randolph at a Glance

Population
4,819
Median Income
$72,179
Home Value
$259,100
Median Rent
$1,104/mo
Unemployment
2.4%
Avg High Temp
57.5°F
Sales Tax
6.2%
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