Redmond, OR Cost Of Living
Cost Of Living In Redmond, OR Summary
Cost of living in Redmond 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 Redmond is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Oregon, 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 Redmond is 111, with 100 being the average.
The cost of living index in Redmond is 1.1x higher than the national average.
Redmond ranks as the #39 cheapest in Oregon out of 98.
Redmond ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Redmond is $319,900.
The median income in Redmond is $70,129.
Table Of Contents
Redmond's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Redmond, OR?
According to the most recent data on the cost of living, Redmond has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Oregon, Redmond has a cost of living index that's 1.0x lower than Oregon's index of 116.
The standard of living in Redmond ranks as #39 most affordable out of the 98 places we measured in Oregon. By definition, that implies Redmond ranks as the #59 most expensive place in the Beaver State.
For more reading on life in Redmond, check out:
- Living In Redmond
- Redmond Crime Report
- Search Homes For Sale In Redmond, OR
In Oregon
In America
Redmond Cost Of Living Vs. Oregon
Six factors go into calculating the cost of living index in Redmond. Here is how it fairs on each of the criteria:
The Services index in Redmond is 120.
The Groceries index in Redmond is 115.
The Health index in Redmond is 118.
The Housing index in Redmond is 100.
The Transportation index in Redmond is 131.
The Utilities index in Redmond is 91.
| Living Expense | Redmond | Oregon | National Average | |
|---|---|---|---|---|
| Overall | 111 | 116 | 100 | |
| Services | 120 | 106 | 100 | |
| Groceries | 115 | 107 | 100 | |
| Health | 118 | 103 | 100 | |
| Housing | 100 | 140 | 100 | |
| Transportation | 131 | 117 | 100 | |
| Utilities | 91 | 97 | 100 | |
Redmond, OR Housing Cost Breakdown
Housing swings affordability the most between places in Oregon, 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 Redmond is $319,900.
The Median Rent in Redmond is $1,251.
The Median Income in Redmond is $70,129.
The Home Value To Income in Redmond is 4.6x.
The Rent To Monthly Income in Redmond is 0.21x.
| Statistic | Redmond | Oregon | United States |
|---|---|---|---|
| Median Home Value | $319,900 | $362,200 | $244,900 |
| Median Rent | $1,251 | $1,250 | $1,163 |
| Median Income | $70,129 | $70,084 | $69,021 |
| Home Value To Income | 4.6x | 5.2x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Redmond, OR Costs By Category
Detailed Redmond Services Costs Vs. Oregon
Detailed Redmond Groceries Costs Vs. Oregon
Detailed Redmond Health Costs Vs. Oregon
Detailed Redmond Transportation Costs Vs. Oregon
Detailed Redmond Utilities Costs Vs. Oregon
Redmond SnackAbility
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Cost Of Living In Cities Around Redmond
The cost of living varies in the cities and towns around Redmond. Here's a quick look at the cost of living in the most populous nearby places:
Bend, OR has a cost of living index of 126, 1.1x Redmond.
Prineville, OR has a cost of living index of 103, 0.9x Redmond.
Madras, OR has a cost of living index of 102, 0.9x Redmond.
| City | Population | Cost Of Living | Vs. Redmond |
|---|---|---|---|
| Bend, OR | 97,042 | 126 | 1.1x |
| Prineville, OR | 10,611 | 103 | 0.9x |
| Madras, OR | 7,381 | 102 | 0.9x |
| Deschutes River Woods, OR | 5,859 | 114 | 1.0x |
