| Index | Redmond | Oregon | National |
| Cost of living | 117 | 111 | 100 |
| Groceries | 103 | 104 | 100 |
| Health care | 102 | 105 | 100 |
| Housing | 145 | 124 | 100 |
| Transportation | 105 | 106 | 100 |
| Utilities | 108 | 106 | 100 |
| Lifestyle & Entertainment | 109 | 107 | 100 |
| Household Items | 103 | 104 | 100 |
| Education & Childcare | 111 | 109 | 100 |

The cost of living in Redmond affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Redmond is 117, which is 17% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
When it comes to the cost of living in Redmond, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 45.4% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.
The real experts on a city are its residents. That's why we reached out to 29 locals to get their views on the cost of living in Redmond. We surveyed the residents and asked them if they felt like prices were affordable or out of reach. The results were as follows. 76% found it budget-friendly with decreasing prices, while 24% said it's simply not affordable as prices have continued to rise.
Wondering if Redmond is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Redmond, for example, the median home price is 56.7% higher than what folks pay nationally, and monthly rent is 19% higher than the usual rates. Plus, income levels matter too, with Redmond boasting a median household income of $95,303, which is 17.2% higher than the national average.
Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Redmond, the transportation index is 5.1% higher than the national average.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Redmond, the housing index is 45.4% higher than the national average.
Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Redmond, the groceries index is 2.7% higher than the national average.
The Redmond cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
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| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $110,677 | $9,223 | $2,582 | $3,321 |
| Renters | $69,823 | $5,819 | $1,629 | $2,095 |
| State | General Sales Tax | With Max Surtax |
| Oregon | 0% | 0% |
| State | Income Tax (Low) | Income Tax (High) |
| Oregon | 4.75% | 9.9% |
| City | Population | Cost of Living Index | National Avg. |
| Terrebonne, OR | 1,679 | 111 | 10.7% |
| Bend, OR | 99,174 | 134 | 34.2% |
| Eagle Crest, OR | 2,968 | 145 | 44.5% |
| Tumalo, OR | 418 | 162 | 62.4% |
| Tetherow, OR | 880 | 262 | 162.2% |
| Redmond, OR | 32,599 | 117 | 17.3% |
| City | Population | Cost of Living Index | National Avg. |
| Liberty, MO | 32,604 | 99 | 1.4% |
| Savage, MN | 32,591 | 119 | 19.5% |
| Alamogordo, NM | 32,584 | 90 | 9.9% |
| Kaysville, UT | 32,617 | 123 | 22.8% |
| North Olmsted, OH | 32,619 | 95 | 5.1% |
| Redmond, OR | 32,599 | 117 | 17.3% |