Cost of Living in Redmond, WA
Housing
The housing market plays a significant role in determining the cost of living in Redmond, WA.
- Housing Index: 140.0 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2400 per month
When considering a move to Redmond, WA, the current housing data suggests a largely rental-oriented market, indicated by a housing index of 140.0. The average rent for a 2-bedroom apartment is 2300, while a 2-bedroom house rents for approximately 2400. Notably, the median home price being at 0 suggests potential challenges in purchasing a home, making renting seem more viable for many. With increasing demand for rentals, it’s essential to weigh personal financial situations and local amenities before deciding. Remember to explore projected growth trends for a well-informed choice.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Redmond, WA.
- Electricity Price: $12.34 USD (median by state)
- Natural Gas Price: $18.14 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Redmond, WA could entail higher utility costs. Electricity costs sit at $12.34, while natural gas is priced at $18.14 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Redmond is a financially viable option for your relocation.