How Expensive is it to Live in Redmond, WA?

Living in Redmond, WA, is widely recognized as an expensive proposition, ranking among the nation’s priciest communities thanks to a perfect storm of tech-fueled prosperity, exceptional public amenities, and persistent housing demand. As Tony Meier of Windermere Real Estate Northeast—a trusted, data-driven advisor with decades of experience guiding residents through the Eastside market—this post offers an in-depth, objective analysis of what it really costs to call Redmond home in 2025.

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How Expensive is it to Live in Redmond, WA?

By Tony Meier, Windermere Real Estate Northeast

Setting the Context: Why Redmond?

Redmond’s reputation as a technology and innovation powerhouse, anchored by the global headquarters of Microsoft and the offices of numerous biotech, engineering, and software leaders, drives both opportunity and substantial costs. Families move here for the top-rated schools and the greenbelt charm of the Pacific Northwest, while professionals are drawn by major employers and abundant recreation. All these factors play directly into the local cost of living.

Cost of Living Snapshot: 2025

• Redmond’s cost of living is about 43% higher than the U.S. average, and among the top 1% of the world’s most expensive cities.

• Monthly expenses for a single adult average $3,269 to $3,532.

• A family of four must budget $7,200 to $7,777 per month.

This translates to an annual need of $39,000–$42,000 for an individual and upwards of $93,000 for a small family—before taxes and without room for significant savings, travel, or entertainment.salary+2​

Housing: The Core Cost Driver

Renters

• Average rent for all-bedroom properties: $2,483–$2,995 per month as of October 2025.zillow+1​

• One-bedroom apartment: $2,166–$2,266 per month.apartments​

• Two-bedroom apartment: $2,854–$2,995 per month.

• Three-bedroom rental: $3,459 or more.

Neighborhood proximity to downtown Redmond, transit, or the Microsoft campus increases price substantially. Homes with modern finishes, garages, or community amenities typically land in the premium range.

Homeowners

• Median home price: $1,279,858 to $1,366,669 as of mid-to-late 2025.steadily+1​

• Mortgage payments: With a 20% down payment, expect $5,000–$7,000+ per month when factoring in mortgage, property taxes, and insurance.

• HOA fees: Common in newer developments, ranging from $200–$500/month, covering landscaping, amenities, and exterior maintenance.indexyard​

Utilities, Groceries, and Daily Living

• Typical household utilities (electric, water, gas, trash): $200–$350 per month.indexyard​

• Average monthly electric bill: $151.energysage​

• Groceries: 12–20% higher than national averages. Common purchases cost: Bread $5.23/loaf, Milk $5.27/gallon, Eggs $4.70/dozen, Chicken breast $4.70/lb, Apples $3.32/lb.mylifeelsewhere+1​

• Restaurants: A casual meal goes for $15–$20, and even fast food often tops $13 for a combo.mylifeelsewhere​

Transportation

• Car ownership: High insurance, gas at $4.22+/gallon, above-average maintenance costs.

• Transit: Public transportation is available but car ownership remains common and necessary for many.

• Average household transportation cost: 16–30% higher than U.S. norms.

Childcare, Healthcare, and Extras

• Childcare: $1,900–$2,500 per month for licensed daycare.

• Healthcare: 25–28% pricier than national averages, reflecting higher premiums and out-of-pocket expenses.

• Internet and streaming: Add $100–$200 monthly for reliable, high-speed service, including streaming subscriptions frequently used by tech-savvy households.

What Drives the High Cost of Living?

Redmond’s persistent popularity among high-earning tech employees and entrepreneurs, limited buildable land, regulatory complexity, world-class schools, and safe neighborhoods all keep demand strong and prices high. Even as new apartments and housing tracts are added, population and wage growth outpaces supply.

Comparison to Nearby and Peer Cities

• Redmond is consistently more expensive than Bellevue, Seattle, Issaquah, and Sammamish for comparable homes and rentals.

• Core living expenses—excluding rent/mortgage—remain at least 30% higher than most U.S. cities.indexyard​

• Entertainment, childcare, and even groceries are critically more expensive than both state and national averages.mylifeelsewhere​

Typical Monthly Budget for Redmond Residents (2025)

Actual totals vary by lifestyle, employment, and housing choice.

Is Redmond’s Expense Worth It?

Residents frequently comment that Redmond’s premium price brings real value: top schools, green parks, extensive trails and outdoor spaces, diverse restaurants, and an environment regarded as both welcoming and safe. For many, these amenities and quality of life offset the additional monthly cost—especially for those leveraging high Eastside salaries.

Tony Meier’s Perspective

Tony Meier observes, “While Redmond is undeniably costly, many buyers and renters find the region’s advantages far outweigh the sticker shock. The investment in home value, family safety, and neighborhood experience in Redmond can pay substantial dividends, but it’s crucial to budget carefully, plan realistically, and lean on trusted professionals for your home search.”

Final Takeaway

Living in Redmond, WA, is expensive by any measure, driven largely by housing, daily essentials, and the lifestyle market that comes with a globally competitive city. Those considering a move should prepare for financial demands far exceeding U.S. averages—and are encouraged to work closely with a market expert like Tony Meier for honest, fact-based budgeting and decision-making in one of Washington’s most vibrant communities.

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Author: Tony Meier
Windermere Real Estate Northeast
11411 NE 124th St #110
Kirkland WA 98052
Phone: 425-466-1000
Web: Eastsidehomes.com