The Redmond headquarters of Microsoft is located in Washington State. While employees make up to $70k per year, living costs are generally higher than in the average American town. Redmond offers a wide variety of housing options. The area is also huge in terms of square miles, so there are many housing options in the area.
Cost of living in Redmond
When determining the cost of living in a city, it’s crucial to consider the cost of housing and food. Housing in Redmond is significantly more expensive than the national average. Utility costs are 8% higher, and transportation costs are 35% higher. Below are a few tips for making your salary stretch further in Redmond.
Grocery prices in Redmond are 27% higher than the national average. A mid-range restaurant meal for two can cost $40 to $80—a McDonald’s combo meal for two costs around $9. A cup of coffee can cost around $4. Transportation costs in Redmond are ranked 127.9.
Redmond is a suburb of Seattle and is home to several large technology companies. Microsoft and Nintendo Software Technology have headquarters in the city. The city has a population of about 68,000 and is home to several neighborhoods. The town has several parks and is close to two shopping centers.
The cost of living in Redmond, WA, is higher than the national average for an employee earning $70k a year. However, Redmond is a sprawling area and provides many options for housing. If you are on a budget, the cost of living in Redmond is within your reach.
The town is surrounded by green space and has a thriving downtown area. It is also 15 miles from Downtown Seattle, so living in Redmond is convenient for commuters. Many parks and recreation areas, including the beautiful Bear Creek Park.
The median household income in Redmond is $116,518. This is above the national average but lower than most important urban centers. You may need to tweak the cost of living index to make it work for your budget. A two-bedroom apartment in Downtown Seattle is $2,745 compared to a one-bedroom apartment in Green Lake.
Cost of living calculator
Redmond is a city in King County, Washington, about 16 miles east of Seattle. As of the 2017 census, its population was 64,291. It is home to Microsoft and Nintendo of America and is also known as the “Bicycle Capital of the Northwest.” The cities of Kirkland surround Redmond to the west, Bellevue to the southwest, and Sammamish to the southeast. It also lies within unincorporated King County.
Redmond’s cost of living is higher than the national average. However, the cost of living can vary widely, depending on your career and salary. Using a cost of living calculator for Redmond, WA, can help determine whether you can afford the area on your salary. You can decide your monthly fees based on your salary and the local real estate market.
Cost of living calculators can be a great way to compare different cities. For instance, you can compare healthcare, entertainment, taxes, and crime costs. You can also calculate the cost of childcare for infants and toddlers. The cost of living in different areas can affect your decision to move to a new location.
Rent is another factor to consider. Rent in Seattle is higher than the national average. A two-bedroom apartment can be rented for $2,634 per month. In Seattle, rent prices are higher than the national average but lower than in other major cities.
Transportation is one of the highest costs in Seattle. A single adult will spend $4,900 annually on transportation alone. A family of two full-time employees and a child can expect to pay $11,186 yearly on the vehicle. The cost of living in Seattle has risen by 20% in five years. Whether or not you want to relocate to Seattle is a personal decision. If you want to live in a city where you can work and live comfortably, this cost of living calculator will help you decide what you can afford.
Average rent in Redmond
The average rent in Redmond, WA, is $2,785 for a two-bedroom home. This is almost thirteen times higher than the national average. However, your total expenditure will depend on the size of your home, its location, and the quality of your neighborhood.
Redmond is a large city with a high cost of living. If you earn $70k a year, the cost of living in Redmond is slightly higher than the national average. The cost of living in Redmond will also depend on your career and the real estate market. To get an idea of how much you will need to make to live comfortably in Redmond, WA, you can use PayScale’s Cost of Living Calculator.
Getting a clear picture of the cost of living in Redmond is the first step in deciding whether a 70k salary will be realistic for you. You can choose by understanding how much you can afford to spend each month on housing, food, and debt. Once you have a clear picture of your monthly expenses, you can calculate how much you can afford to spend on the things you want and save.
Depending on your income and lifestyle, there is a wide range of rental properties in Redmond, WA. One-bedroom apartments are the most common, while four-bedroom flats are the least affordable—apartments in Redmond, WA range in price from affordable to luxurious.
Average household income in Redmond
Living in Redmond, WA is an excellent option for those with a high salary. With the Microsoft headquarters, salaries are often well over $70k, making it a great place to work and live. The region is extensive, offering a wide range of housing options.
Redmond is part of the Seattle-Bellevue-Everett metro area, ranked sixth in the US. It is home to a high cost of living, making it one of the most expensive cities in the country. Housing, food, healthcare, utilities, and transportation contribute to the monthly expenditure.