Housing costs in Redmond?
A typical home costs
$467,300, which is 38.2% more expensive than the national average of
$338,100 and 0.2% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Redmond costs
$1,380 per month, which is 9.2% cheaper than the national average of
$1,520 and 8.0% cheaper than the state average of
$1,490.
Can I afford Redmond?
To live comfortably in Redmond (zip 97756), Oregon, a minimum annual income of
$89,640 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Redmond?
The cost of living in 97756 Redmond, OR is fairly moderate. According to Best Places, the cost of living index for Redmond is 95.4 which is lower than the average for Oregon and the United States. This makes it an ideal location for those looking to save money while still enjoying all that Redmond has to offer. Housing costs are relatively low in Redmond compared to other cities in Oregon, with a median home value of $247,200. Utilities are also slightly lower than average, making it easier to keep bills down. Other expenses like groceries and transportation can also be kept relatively low with prudent budgeting. All in all 97756 Redmond, OR is a great place to live for those looking to balance affordability with a high quality of life.