Cost of Living in Redmond, WA

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

Cost of Living Overview

Overall Index

266.1

100 = national avg

+166.1 vs national average

Living Wage (1 Adult)

$117,098

per year

Living Wage (Family of 4)

$276,778

per year

Cost Index by Category

Housing
371.3
Food
173.9
Transportation
247.8
Healthcare
159.1
Utilities
198.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,146

per month

2 Bedroom

$2,501

per month

The overall cost of living index in Redmond is 266.1, which is 166.1% above the national average. Housing costs are above the national average at an index of 371.3. A single adult needs to earn approximately $117,098 per year to cover basic expenses.