Cost Of Living In Redmond, WA

Redmond cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Redmond	Washington	National
Cost of living index	162	115	100
Index	Redmond	Washington	National
Goods & Services index	136	106	100
Groceries index	125	107	100
Health care index	128	119	100
Housing index	231	135	100
Transportation index	139	117	100
Utilities index	123	96	100

Displayed above is a general overview of the Redmond, WA cost of living index. The overall cost of living index in Redmond, WA is 162, which is 40% higher than the Washington average and 62% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Redmond, WA are 28% higher than the Washington average and 36% higher than the national average.

Did you know?

The cost of living in Redmond is 40% higher than the Washington average.
The cost of living in Redmond is 62% higher than the national average.
The cost of housing in Redmond is 131% higher than the national average.
Washington general sales tax is 28% higher than the national average.
Washington state income tax is 100% lower than the national average.

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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current salary in Redmond, WA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Redmond, WA, then you would need to earn more income in order to maintain the same standard of living. To use the Redmond, WA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$125,613	$10,468	$2,931	$3,769
Renters	$77,557	$6,463	$1,810	$2,327

One can approximate the cost of living and the housing affordability in Redmond, WA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Redmond, WA have a median income of $125,613. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,931 per month to avoid calamity and poverty. The renters in the city have an income of about $77,557, which would make their monthly maximum allowable rental costs $1,810.

Washington Sales Tax

State	General Sales Tax	With Max Surtax
Washington	6.5%	9.6%

Washington Income Tax

State	Income Tax (Low)	Income Tax (High)
Washington	0%	0%

The Washington sales tax and Washington income tax rates should definitely be considered when determining the overall cost of living in Redmond, WA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Washington sales tax is 6.5% and the maximum surtax is 9.6%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Washington income tax rates range from 0% to 0%.

Goods & Services

Item	Redmond	National avg.	Difference
Haircut	$30.89	$15.56	98.5%
Beauty Salon	$41.78	$36.11	15.7%
Toothpaste	$3.08	$2.47	24.7%
Shampoo	$1.25	$0.96	29.5%
Movie	$12.92	$10.13	27.5%
Bowling	$5.53	$4.74	16.7%

Groceries

Item	Redmond	National avg.	Difference
Ground Beef	$5.18	$3.98	29.9%
Fried Chicken	$2.03	$1.41	44.3%
Milk	$2.16	$2.06	4.5%
Potatoes	$2.22	$2.98	25.4%
Pizza	$11.04	$9.47	16.5%
Beer	$10.27	$8.79	16.8%

Health Care

Item	Redmond	National avg.	Difference
Optometrist	$144.61	$101.04	43.1%
Doctor	$120.50	$107.44	12.2%
Dentist	$136.74	$90.42	51.2%
Ibuprofen	$10.57	$9.28	13.9%
Lipitor	$444.02	$426.50	4.1%

Housing

Item	Redmond	National avg.	Difference
Home Price	$462,200.00	$175,700.00	163.1%
Avg. Mortgage Payment	$1,927.46	$1,133.23	70.1%
Apartment Rent	$1,445.00	$920.00	57.1%

Transportation

Item	Redmond	National avg.	Difference
Gasoline	$2.80	$1.99	40.3%
Tire Balancing	$61.99	$45.76	35.5%

Utilities

Item	Redmond	National avg.	Difference
All Electricity	$188.83	$163.81	15.3%
Phone	$38.33	$28.39	35.0%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Sultan, WA	4,715	110	10%
White Center, WA	14,228	129	29%
North Sultan, WA	305	112	12%
Boulevard Park, WA	4,027	129	29%
Tukwila, WA	19,573	131	31%
Redmond, WA	56,704	162	62%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Poinciana, FL	56,678	91	-9%
Berwyn, IL	56,762	106	6%
Noblesville, IN	56,576	91	-9%
South Jordan, UT	56,528	118	18%
Novi, MI	56,887	108	8%
Redmond, WA	56,704	162	62%

Source: The Redmond, WA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Redmond, WA Cost of Living