Cost of Living in Redwood City, CA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

255.9

100 = national avg

+155.9 vs national average

Living Wage (1 Adult)

$112,613

per year

Living Wage (Family of 4)

$266,175

per year

Cost Index by Category

Housing
400.0
Food
165.3
Transportation
142.8
Healthcare
152.2
Utilities
199.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,977

per month

2 Bedroom

$3,604

per month

The overall cost of living index in Redwood City is 255.9, which is 155.9% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $112,613 per year to cover basic expenses.