Cost of living in Fremont 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 Fremont is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, 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 Fremont is 85, with 100 being the average.
The cost of living index in Fremont is 0.8x lower than the national average.
Fremont ranks as the #53 cheapest in Ohio out of 286.
Fremont ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Fremont is $97,300.
The median income in Fremont is $44,832.
According to the most recent data on the cost of living, Fremont has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Ohio, Fremont has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Fremont ranks as #53 most affordable out of the 286 places we measured in Ohio. By definition, that implies Fremont ranks as the #233 most expensive place in the Buckeye State.
For more reading on life in Fremont, check out:
Six factors go into calculating the cost of living index in Fremont. Here is how it fairs on each of the criteria:
The Services index in Fremont is 98.
The Groceries index in Fremont is 99.
The Health index in Fremont is 97.
The Housing index in Fremont is 51.
The Transportation index in Fremont is 105.
The Utilities index in Fremont is 85.
Living Expense | Fremont | Ohio | National Average | |
---|---|---|---|---|
Overall | 85 | 91 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 99 | 101 | 100 | |
Health | 97 | 95 | 100 | |
Housing | 51 | 73 | 100 | |
Transportation | 105 | 98 | 100 | |
Utilities | 85 | 93 | 100 |
Housing swings affordability the most between places in Ohio, 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 Fremont is $97,300.
The Median Rent in Fremont is $701.
The Median Income in Fremont is $44,832.
The Home Value To Income in Fremont is 2.2x.
The Rent To Monthly Income in Fremont is 0.19x.
Statistic | Fremont | Ohio | United States |
---|---|---|---|
Median Home Value | $97,300 | $159,900 | $244,900 |
Median Rent | $701 | $870 | $1,163 |
Median Income | $44,832 | $61,938 | $69,021 |
Home Value To Income | 2.2x | 2.6x | 3.5x |
Rent To Monthly Income | 0.19x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Fremont. Here's a quick look at the cost of living in the most populous nearby places:
Findlay, OH has a cost of living index of 87, 1.0x Fremont.
Bowling Green, OH has a cost of living index of 93, 1.1x Fremont.
Perrysburg, OH has a cost of living index of 99, 1.2x Fremont.
City | Population | Cost Of Living | Vs. Fremont |
---|---|---|---|
Findlay, OH | 40,323 | 87 | 1.0x |
Bowling Green, OH | 30,715 | 93 | 1.1x |
Perrysburg, OH | 24,633 | 99 | 1.2x |
Sylvania, OH | 18,991 | 92 | 1.1x |
Maumee, OH | 13,915 | 91 | 1.1x |
Amherst, OH | 12,665 | 95 | 1.1x |
Huron, OH | 6,950 | 91 | 1.1x |
Rossford, OH | 6,330 | 90 | 1.1x |
Clyde, OH | 6,322 | 87 | 1.0x |
Port Clinton, OH | 6,055 | 87 | 1.0x |