Redwood City, CA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Redwood City, CA Summary

Cost of living in Redwood City research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Redwood City is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Redwood City is 212, with 100 being the average.

  • The cost of living index in Redwood City is 2.1x higher than the national average.

  • Redwood City ranks as the #586 cheapest in California out of 635.

  • Redwood City ranks as the #6,337 cheapest out of 6,412 in the US.

  • The median home value in Redwood City is $1,520,300.

  • The median income in Redwood City is $134,287.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
212
Redwood City's Overall Cost Of Living
2.1x
Higher Than The National Average

What is the cost of living in Redwood City, CA?

According to the most recent data on the cost of living, Redwood City has an overall cost of living index of 212, which is 2.1x higher than the national index of 100.

Compared to California, Redwood City has a cost of living index that's 1.5x higher than California's index of 139.

The standard of living in Redwood City ranks as #586 most affordable out of the 635 places we measured in California. By definition, that implies Redwood City ranks as the #49 most expensive place in the Golden State.

For more reading on life in Redwood City, check out:

586 out of 635
In California
6,337 out of 6,412
In America

Redwood City Cost Of Living Vs. California

Six factors go into calculating the cost of living index in Redwood City. Here is how it fairs on each of the criteria:

  • The Services index in Redwood City is 119.

  • The Groceries index in Redwood City is 133.

  • The Health index in Redwood City is 123.

  • The Housing index in Redwood City is 405.

  • The Transportation index in Redwood City is 142.

  • The Utilities index in Redwood City is 137.

Living Expense Redwood City California National Average
Overall 212 139 100
Services 119 110 100
Groceries 133 112 100
Health 123 109 100
Housing 405 204 100
Transportation 142 126 100
Utilities 137 124 100
For more reading on cost of living around California, check out:
Redwood City Cost of Living Vs. CA

Redwood City, CA Housing Cost Breakdown

Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Redwood City is $1,520,300.

  • The Median Rent in Redwood City is $2,693.

  • The Median Income in Redwood City is $134,287.

  • The Home Value To Income in Redwood City is 11.3x.

  • The Rent To Monthly Income in Redwood City is 0.24x.

Statistic Redwood City California United States
Median Home Value $1,520,300 $573,200 $244,900
Median Rent $2,693 $1,698 $1,163
Median Income $134,287 $84,097 $69,021
Home Value To Income 11.3x 6.8x 3.5x
Rent To Monthly Income 0.24x 0.24x 0.2x
Search Homes For Sale In Redwood City, CA
$1,520,300
Median Home Value
$2,693
Median Rent
$134,287
Median Income

Redwood City, CA Costs By Category

Detailed Redwood City Services Costs Vs. California

Item Redwood City California
Shampoo $1.39 $1.06
Movie $13.23 $10.68
Bowling $19.56 $14.67
Haircut $19.39 $18.62
Beauty Salon $67.86 $39.05

Detailed Redwood City Groceries Costs Vs. California

Item Redwood City California
Ground Beef $3.73 $4.22
Fried Chicken $1.89 $1.39
Milk $2.87 $2.05
Potatoes $3.35 $3.29
Pizza $12.66 $10.62
Beer $10.57 $9.38
Toothpaste $3.07 $2.34

Detailed Redwood City Health Costs Vs. California

Item Redwood City California
Optometrist $136.92 $108.57
Doctor $146.83 $116.17
Dentist $133.38 $99.13

Detailed Redwood City Transportation Costs Vs. California

Item Redwood City California
Gasoline $3.38 $2.22
Tire Balancing $62.03 $50.07

Detailed Redwood City Utilities Costs Vs. California

Item Redwood City California
All Electricity $269.4 $167.67
Phone $187.26 $175.64

Redwood City SnackAbility

9
/10
Overall SnackAbility
Jobs
9/10
Housing
10
Affordability
4
Diversity
10
Safety
6
Amenities
9.5
Education
8
Commute
6

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