Housing costs in Redmond?
A typical home costs
$278,500, which is 17.6% less expensive than the national average of
$338,100 and 45.5% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Redmond costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 56.1% cheaper than the state average of
$1,280.
Can I afford Redmond?
To live comfortably in Redmond, Utah, a minimum annual income of
$53,280 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Redmond?
The cost of living in Redmond, UT is relatively low. The average cost of rent for a one bedroom apartment is typically around $600-700 per month, making it affordable to live comfortably. Additionally, the median household income in Redmond, UT is above the national average, meaning locals can expect to make a comfortable wage for their work. Utilities such as electricity and water are affordable too, with most households spending only an average of $100 per month on their utilities combined. Finally, prices at stores and restaurants tend to be cheaper than in large metropolitan areas, allowing locals to stretch their money further.