Redmond, WA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Redmond, WA Summary

Cost of living in Redmond 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 Redmond is expensive. An index value below 100 means the city is a relatively cheap place to live.

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

  • The cost of living index in Redmond is 166, with 100 being the average.

  • The cost of living index in Redmond is 1.7x higher than the national average.

  • Redmond ranks as the #186 cheapest in Washington out of 192.

  • Redmond ranks as the #6,083 cheapest out of 6,412 in the US.

  • The median home value in Redmond is $864,100.

  • The median income in Redmond is $147,006.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
166
Redmond's Overall Cost Of Living
1.7x
Higher Than The National Average

What is the cost of living in Redmond, WA?

According to the most recent data on the cost of living, Redmond has an overall cost of living index of 166, which is 1.7x higher than the national index of 100.

Compared to Washington, Redmond has a cost of living index that's 1.4x higher than Washington's index of 115.

The standard of living in Redmond ranks as #186 most affordable out of the 192 places we measured in Washington. By definition, that implies Redmond ranks as the #6 most expensive place in the Evergreen State.

For more reading on life in Redmond, check out:

186 out of 192
In Washington
6,083 out of 6,412
In America

Redmond Cost Of Living Vs. Washington

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

  • The Services index in Redmond is 129.

  • The Groceries index in Redmond is 129.

  • The Health index in Redmond is 126.

  • The Housing index in Redmond is 250.

  • The Transportation index in Redmond is 142.

  • The Utilities index in Redmond is 110.

Living Expense Redmond Washington National Average
Overall 166 115 100
Services 129 112 100
Groceries 129 109 100
Health 126 119 100
Housing 250 129 100
Transportation 142 116 100
Utilities 110 90 100
For more reading on cost of living around Washington, check out:
Redmond Cost of Living Vs. WA

Redmond, WA Housing Cost Breakdown

Housing swings affordability the most between places in Washington, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Redmond is $864,100.

  • The Median Rent in Redmond is $2,172.

  • The Median Income in Redmond is $147,006.

  • The Home Value To Income in Redmond is 5.9x.

  • The Rent To Monthly Income in Redmond is 0.18x.

Statistic Redmond Washington United States
Median Home Value $864,100 $397,600 $244,900
Median Rent $2,172 $1,439 $1,163
Median Income $147,006 $82,400 $69,021
Home Value To Income 5.9x 4.8x 3.5x
Rent To Monthly Income 0.18x 0.21x 0.2x
Search Homes For Sale In Redmond, WA
$864,100
Median Home Value
$2,172
Median Rent
$147,006
Median Income

Redmond, WA Costs By Category

Detailed Redmond Services Costs Vs. Washington

Item Redmond Washington
Shampoo $1.13 $1.06
Movie $14.7 $10.68
Bowling $21.8 $14.67
Haircut $39.33 $18.62
Beauty Salon $50.33 $39.05

Detailed Redmond Groceries Costs Vs. Washington

Item Redmond Washington
Ground Beef $5.74 $4.22
Fried Chicken $2.15 $1.39
Milk $2.5 $2.05
Potatoes $3.5 $3.29
Pizza $13.12 $10.62
Beer $10.49 $9.38
Toothpaste $3.44 $2.34

Detailed Redmond Health Costs Vs. Washington

Item Redmond Washington
Optometrist $158.73 $108.57
Doctor $136.39 $116.17
Dentist $143.77 $99.13

Detailed Redmond Transportation Costs Vs. Washington

Item Redmond Washington
Gasoline $3.19 $2.22
Tire Balancing $66.49 $50.07

Detailed Redmond Utilities Costs Vs. Washington

Item Redmond Washington
All Electricity $186.95 $167.67
Phone $194.23 $175.64

Redmond SnackAbility

9.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
10
Affordability
6
Diversity
9.5
Safety
7
Amenities
9.5
Education
10
Commute
7

Cost Of Living In Cities Around Redmond

The cost of living varies in the cities and towns around Redmond. Here's a quick look at the cost of living in the most populous nearby places:

  • Bellevue, WA has a cost of living index of 174, 1.0x Redmond.

  • Everett, WA has a cost of living index of 125, 0.8x Redmond.

  • Kirkland, WA has a cost of living index of 158, 1.0x Redmond.

City Population Cost Of Living Vs. Redmond
Bellevue, WA 149,365 174 1.0x
Everett, WA 110,438 125 0.8x
Kirkland, WA 91,656 158 1.0x
Sammamish, WA 66,532 178 1.1x
Lynnwood, WA 38,812 135 0.8x
SeaTac, WA 30,867 126 0.8x
Bainbridge Island, WA 24,557 165 1.0x
Union Hill-Novelty Hill, WA 23,060 178 1.1x
Cottage Lake, WA 22,779 175 1.1x
Tukwila, WA 21,545 125 0.8x

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