C
17%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
45%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Redmond Oregon National
Cost of living117111100
Groceries103104100
Health care102105100
Housing145124100
Transportation105106100
Utilities108106100
Lifestyle & Entertainment109107100
Household Items103104100
Education & Childcare111109100
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An Overview of Cost of Living in Redmond, OR

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.

What Do Locals Say About the Cost of Living in Redmond?

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.

Is Redmond Affordable?

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.

What Factors can Influence the Cost of Living in Redmond?

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.

Where is the Data From?

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 Quick Facts

  • The cost of living in Redmond is 5% higher than the Oregon average
  • The cost of living in Redmond is 17% higher than the national average
  • Redmond housing is 45% higher than the national average
  • Oregon general sales tax is 100% lower than the national average
  • Oregon state income tax is 83% higher than the national average

Most Affordable Places to Live in and Around Redmond

See all the best places to live around Redmond

Compare Redmond, OR Cost of Living

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      Utilities index
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      Educare index

      Median Income & Debt-To-Income Ratio

      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
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Redmond, OR, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Redmond homeowners, is $110,677. This would allow for a maximum of $2,582 per month to be spent on housing costs. For renters, the median monthly income is $69,823 which would result in a maximum of $1,629 to be spent on rental costs.

      Oregon Sales Tax

      State General Sales Tax With Max Surtax
      Oregon 0% 0%

      Oregon Income Tax

      State Income Tax (Low) Income Tax (High)
      Oregon 4.75% 9.9%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Terrebonne, OR1,67911110.7%
      Bend, OR99,17413434.2%
      Eagle Crest, OR2,96814544.5%
      Tumalo, OR41816262.4%
      Tetherow, OR880262162.2%
      Redmond, OR32,59911717.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Liberty, MO32,604991.4%
      Savage, MN32,59111919.5%
      Alamogordo, NM32,584909.9%
      Kaysville, UT32,61712322.8%
      North Olmsted, OH32,619955.1%
      Redmond, OR32,59911717.3%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.