Randolph, VT vs Richmond, VT

There is a significant gap in the cost of living between these two cities. Randolph is 25.8% cheaper than Richmond. With a cost index of 83 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Randolph to Richmond should plan for substantially higher expenses across most categories.

On the housing front, median rent in Randolph is $961/month compared to $1,814/month in Richmond — a 47% difference. Home values follow the same pattern: Randolph is more affordable at $225,800 median vs $261,900.

Median household income in Randolph is $59,203 compared to $62,240 in Richmond (-4.9%). Richmond does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Randolph spend roughly 19.5% of their income on rent, less than the 35% in Richmond. The Randolph ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.