Cost of living in Redmond
Redmond, WA, known for its vibrant tech industry and scenic beauty, offers a unique living experience. Understanding the cost of living in Redmond is crucial for anyone considering moving to or residing in this dynamic city.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $21 on average, with a range between $10 and $35.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $97, with prices ranging from $50 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $14, with a range between $10 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $10, imported beer $6 to $12, cappuccino $3 to $8, and Coke/Pepsi $2 to $4.
Grocery Prices
- Milk - Milk is priced between $0.79 and $1.32 per liter, averaging $1.19.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $7.71, with an average price of $4.55.
- Eggs (Dozen) - A dozen eggs range from $2 to $7, averaging $4.54.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.18 to $6.61 per kg, while oranges range from $2.76 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.16 and $4.41 per kg, and lettuce costs $1.25 to $3 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $3.25 and $4.
- Fuel (Gasoline) - Gasoline is priced between $1 and $1.32 per liter.
- Taxi Fares - Taxi fares start at $2.6, with a cost of $1.68 per km and $30 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is $2300.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $2100 to $2430, averaging $2265.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $3000 to $4500, averaging $3750.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $3250 to $3800, averaging $3525.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $140 and $389, averaging $232.33.
- Internet - Internet services range from $45 to $100, with an average cost of $71.91.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Redmond's cost of living is relatively high, particularly in terms of housing and dining. The city's vibrant economy and tech industry contribute to these costs.
For those looking to save, consider living outside the city centre where rental prices are slightly lower.
Public transportation is affordable, but owning a car may be necessary for convenience, given the city's layout.
Conclusion
In conclusion, Redmond, WA, offers a high standard of living with its thriving tech scene and beautiful surroundings. However, this comes with a higher cost of living, especially in housing and dining.
Prospective residents should carefully consider their budget and explore options outside the city centre to manage expenses effectively.