Cost of living in Redlands research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Redlands is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Colorado, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Redlands is 115, with 100 being the average.
The cost of living index in Redlands is 1.1x higher than the national average.
Redlands ranks as the #64 cheapest in Colorado out of 111.
Redlands ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Redlands is $359,800.
The median income in Redlands is $85,725.
According to the most recent data on the cost of living, Redlands has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Colorado, Redlands has a cost of living index that's 1.1x higher than Colorado's index of 104.
The standard of living in Redlands ranks as #64 most affordable out of the 111 places we measured in Colorado. By definition, that implies Redlands ranks as the #47 most expensive place in the Centennial State.
For more reading on life in Redlands, check out:
Six factors go into calculating the cost of living index in Redlands. Here is how it fairs on each of the criteria:
The Services index in Redlands is 98.
The Groceries index in Redlands is 117.
The Health index in Redlands is 102.
The Housing index in Redlands is 146.
The Transportation index in Redlands is 111.
The Utilities index in Redlands is 82.
Living Expense | Redlands | Colorado | National Average | |
---|---|---|---|---|
Overall | 115 | 104 | 100 | |
Services | 98 | 102 | 100 | |
Groceries | 117 | 99 | 100 | |
Health | 102 | 100 | 100 | |
Housing | 146 | 116 | 100 | |
Transportation | 111 | 104 | 100 | |
Utilities | 82 | 90 | 100 |
Housing swings affordability the most between places in Colorado, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Redlands is $359,800.
The Median Rent in Redlands is $1,529.
The Median Income in Redlands is $85,725.
The Home Value To Income in Redlands is 4.2x.
The Rent To Monthly Income in Redlands is 0.21x.
Statistic | Redlands | Colorado | United States |
---|---|---|---|
Median Home Value | $359,800 | $397,500 | $244,900 |
Median Rent | $1,529 | $1,437 | $1,163 |
Median Income | $85,725 | $80,184 | $69,021 |
Home Value To Income | 4.2x | 5.0x | 3.5x |
Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Redlands. Here's a quick look at the cost of living in the most populous nearby places:
Grand Junction, CO has a cost of living index of 102, 0.9x Redlands.
Clifton, CO has a cost of living index of 95, 0.8x Redlands.
Fruita, CO has a cost of living index of 104, 0.9x Redlands.
City | Population | Cost Of Living | Vs. Redlands |
---|---|---|---|
Grand Junction, CO | 65,067 | 102 | 0.9x |
Clifton, CO | 20,122 | 95 | 0.8x |
Fruita, CO | 13,296 | 104 | 0.9x |
Delta, CO | 9,036 | 98 | 0.9x |
Fruitvale, CO | 7,883 | 102 | 0.9x |
Orchard Mesa, CO | 6,592 | 100 | 0.9x |