Cost of Living in Redmond, UT

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

Cost of Living Overview

Overall Index

113.5

100 = national avg

+13.5 vs national average

Living Wage (1 Adult)

$49,958

per year

Living Wage (Family of 4)

$118,083

per year

Cost Index by Category

Housing
125.9
Food
104.5
Transportation
108.9
Healthcare
103.6
Utilities
107.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$945

per month

2 Bedroom

$1,085

per month

The overall cost of living index in Redmond is 113.5, which is 13.5% above the national average. Housing costs are above the national average at an index of 125.9. A single adult needs to earn approximately $49,958 per year to cover basic expenses.