🏡💰 What Is the Cost of Living in Redmond, Oregon?

If you’re thinking about moving to Redmond, Oregon, one of the biggest questions is:

👉 “What does it actually cost to live there?”

Here’s the simple answer:

👉 Redmond is more affordable than Bend — but still higher than the national average.

Let’s break it down so you know what to expect.

💰 Housing Costs (The Biggest Factor)

Housing is the #1 expense — and the main reason people choose Redmond.

Right now:

• Most homes: $400K–$650K 🏡

• Rent (approx): $1,800–$2,500/month

👉 Compared to Bend:

• Lower home prices

• More value for your money

This is why many buyers relocate here.

🧾 Monthly Expenses in Redmond

Here’s a realistic breakdown of typical monthly costs:

Utilities ⚡

• $150–$300/month (varies by home size)

Groceries 🛒

• Slightly above national average

• Expect ~$400–$800/month depending on household

Gas & Transportation 🚗

• Necessary for most people

• Commutes to Bend are common

📍 Taxes in Oregon

This is a big one people ask about.

• ❌ No sales tax

• ✔️ State income tax applies

• ✔️ Property taxes are moderate

👉 Many buyers like:
No sales tax = everyday savings

🏡 Renting vs Buying in Redmond

This is where decisions start to shift.

Renting:

• Flexible

• Easier short-term

Buying:

• Builds equity 📈

• Locks in your payment

• Often similar monthly cost depending on loan

👉 Many buyers realize:
Buying can make more sense long-term.

🌄 Lifestyle Value (What You’re Paying For)

Cost of living isn’t just about numbers.

In Redmond, you’re also paying for:

• Mountain views 🌄

• Outdoor lifestyle 🥾

• Slower pace of life 🌿

• Proximity to Bend

👉 That lifestyle is a big part of the value.

🧠 Real Relocation Story

I worked with a buyer moving from out of state who assumed Redmond would be “cheap.”

When we broke it down:

• It was more than they expected

• But still far better than Bend

They ended up buying and said:

👉 “We’re paying more than we used to… but getting way more lifestyle.”

That’s a common trade-off.

⚠️ Common Cost Mistakes

1. Comparing to the Wrong Area

Compare Redmond to Bend — not the Midwest.

2. Underestimating Lifestyle Costs

Outdoor lifestyle = gear, travel, activities

3. Only Looking at Home Price

Monthly payment matters more 💰

🤔 Is Redmond Affordable?

👉 Compared to Bend → YES
👉 Compared to national average → Depends

For many buyers:
👉 It’s the best balance of cost + lifestyle in Central Oregon

FAQ

Is Redmond cheaper than Bend?

Yes — especially for housing.

How much do you need to live comfortably in Redmond?

It depends, but housing is the biggest factor.

Is Redmond expensive?

It’s moderate — not cheap, but not Bend-level expensive.

Why are people moving to Redmond?

Affordability + lifestyle + growth.

🚀 Next Steps

If you’re thinking about moving to Redmond:

• Look at real monthly numbers

• Compare renting vs buying

• Explore neighborhoods that fit your budget

That’s how you make a confident decision.

Holli Cobb, REALTOR
Real Estate Agent in Redmond, Oregon
Holli Sells Homes | REAL Broker
📧 [email protected]
🌐 HolliSellsHomes.net
📞 541-640-3800

Helping buyers in Redmond and Central Oregon. It’s ALL figure-out-able.