Redwood City, CA Cost Of Living

The latest cost of living statistics for Redwood City. Includes statistics on rent, mortgages, healthcare, and other costs for Redwood City compared to the state and national averages.

Cost of living in Redwood City, California

Cost of living in Redwood City research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Redwood City is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

267 Cost of living index 2.7x higher vs US
#594 Cheapest in California (of 634)
#6,441 Cheapest in the U.S. (of 6,489)
$1,897,528 Median home value
$2,968 Median rent
$157,814 Median income
Not sure Redwood City fits your budget? Try our place-match quiz →

What is the cost of living in Redwood City, CA?

According to the most recent data on the cost of living, Redwood City has an overall cost of living index of 267, which is 2.7x higher than the national index of 100.

Compared to California, Redwood City has a cost of living index that's 1.9x higher than California's index of 142.

The standard of living in Redwood City ranks as #594 most affordable out of the 634 places we measured in California. By definition, that implies Redwood City ranks as the #40 most expensive place in the Golden State.

For more reading on life in Redwood City, check out:

Redwood City Cost Of Living Vs. California

Six factors go into calculating the cost of living index in Redwood City. Here is how it fares on each of the criteria:

  • The Services index in Redwood City is 113.

  • The Groceries index in Redwood City is 122.

  • The Health index in Redwood City is 619.

  • The Housing index in Redwood City is 120.

  • The Transportation index in Redwood City is 122.

  • The Utilities index in Redwood City is 121.

Living Expense Redwood City California National Average
Overall 267 142 100
Services 113 110 100
Groceries 122 118 100
Health 619 197 100
Housing 120 120 100
Transportation 122 121 100
Utilities 121 121 100

Redwood City Cost Of Living Compared To California Averages

Services
Redwood City 113
California avg 110
Groceries
Redwood City 122
California avg 118
Health
Redwood City 619
California avg 197
Housing
Redwood City 120
California avg 120
Transportation
Redwood City 122
California avg 121
Utilities
Redwood City 121
California avg 121

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around California, check out:

Protect your home budget Compare home warranties in Redwood City Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Redwood City, CA Housing Cost Breakdown

$1,897,528Median Home Value
$2,968Median Rent
$157,814Median Income

Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Redwood City is $1,897,528.

  • The Median Rent in Redwood City is $2,968.

  • The Median Income in Redwood City is $157,814.

  • The Home Value To Income in Redwood City is 12.0x.

  • The Rent To Monthly Income in Redwood City is 0.23x.

Statistic Redwood City California United States
Median Home Value $1,897,528 $774,581 $332,700
Median Rent $2,968 $2,036 $1,413
Median Income $157,814 $99,122 $80,734
Home Value To Income 12.0x 7.8x 4.1x
Rent To Monthly Income 0.23x 0.25x 0.21x

Redwood City, CA Costs By Category

Detailed Redwood City Services costs vs. California
Item Redwood City California
Shampoo $1.66 $1.28
Movie $13.31 $12.13
Bowling $33.3 $18
Haircut $33.94 $24.26
Beauty Salon $48.51 $45.56
Detailed Redwood City Groceries costs vs. California
Item Redwood City California
Ground Beef $5.79 $5.84
Fried Chicken $2.13 $1.57
Milk $5.05 $4.67
Potatoes $4.77 $4.93
Pizza $14.92 $12.09
Beer $10.99 $10.41
Toothpaste $3.72 $3.7
Detailed Redwood City Health costs vs. California
Item Redwood City California
Optometrist $158.95 $125.68
Doctor $194.05 $135.78
Dentist $147.78 $113.29
Detailed Redwood City Transportation costs vs. California
Item Redwood City California
Gasoline $4.81 $3.46
Tire Balancing $65.62 $59.92
Detailed Redwood City Utilities costs vs. California
Item Redwood City California
All Electricity $294.74 $193.99
Phone $190.07 $192.25

Redwood City SnackAbility

9Overall SnackAbility
Jobs 9/10
Housing 10/10
Affordability 4/10
Diversity 10/10
Safety 6/10
Amenities 9.5/10
Education 8/10
Commute 6/10