Cost of Living in Redwood city, CA
Housing
The housing market plays a significant role in determining the cost of living in Redwood city, CA.
- Housing Index: 165.0 / 100
- Median Home Price is: $1440000
- Average Rent (2 BR Apartment): $3400 per month
- Average Rent (2 BR House): $3446 per month
Considering a move to Redwood city, CA? The housing index stands at 165.0, indicating a competitive market. With median home prices at 1440000 and average rents for a 2-bedroom apartment at 3400 and for a house at 3446, affordability may be a concern. It's worth noting that typical rent costs often reflect the area's amenities and overall lifestyle, so assess how these factors align with your budget and lifestyle preferences. Make sure to compare these numbers with similar cities to find the best fit for your needs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Redwood city, CA.
- Electricity Price: $32.99 USD (median by state)
- Natural Gas Price: $16.99 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Redwood city, CA could entail higher utility costs. Electricity costs sit at $32.99, while natural gas is priced at $16.99 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 Redwood city is a financially viable option for your relocation.