Edgewood, IA vs Randolph, IA

Edgewood, IA and Randolph, IA have a very similar cost of living, with only a 3.7% difference in their overall index. Edgewood scores 75 while Randolph scores 72 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Edgewood is $975/month compared to $1,087/month in Randolph — a 10% difference. Interestingly, home values tell a different story: while Edgewood has cheaper rent, Randolph actually has lower median home values ($93,300 vs $167,000).

Median household income in Edgewood is $56,875 compared to $44,659 in Randolph (+27.4%). While Edgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edgewood spend roughly 20.6% of their income on rent, less than the 29.2% in Randolph.