Fremont cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexFremontOhioNational
Cost of living index8691100
IndexFremontOhioNational
Goods & Services index10899100
Groceries index97101100
Health care index9695100
Housing index5375100
Transportation index96101100
Utilities index8591100
A general overview of the cost of living index for Fremont, OH is displayed above. In Fremont, OH, the overall cost of living index is 86, which is 6% lower than the Ohio average and 14% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Fremont, OH, the city's goods and services are 9% higher than the Ohio average and 8% higher than the U.S. average.

Did you know?

  • The cost of living in Fremont is 6% lower than the Ohio average.
  • The cost of living in Fremont is 14% lower than the national average.
  • The cost of housing in Fremont is 47% lower than the national average.
  • Ohio general sales tax is 13% higher than the national average.
  • Ohio state income tax is 76% lower than the national average.

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Compare Fremont, OH Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Fremont, OH to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Fremont, OH, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Fremont, OH salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$42,985$3,582$1,003$1,290
Renters$19,350$1,613$451$581
One can approximate the cost of living and the housing affordability in Fremont, OH by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Fremont, OH have a median income of $42,985. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,003 per month to avoid calamity and poverty. The renters in the city have an income of about $19,350, which would make their monthly maximum allowable rental costs $451.

Ohio Sales Tax

StateGeneral Sales TaxWith Max Surtax
Ohio5.75%8%

Ohio Income Tax

StateIncome Tax (Low)Income Tax (High)
Ohio0.528%5.333%
For those who live in Fremont, OH and want to know what the true cost of living is, they ought to look at both the Ohio income tax rate and the Ohio sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Ohio, the sales tax is 5.75%, while the most you'll pay in surtax is 8%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Ohio, the income tax rate ranges between 0.528% to 5.333%.

Goods & Services

ItemFremontNational avg.Difference
Haircut $15.20$15.562.4%
Beauty Salon $32.00$36.1111.4%
Toothpaste $2.55$2.473.1%
Shampoo $0.99$0.962.2%
Movie $10.00$10.131.3%
Bowling $5.16$4.748.9%

Groceries

ItemFremontNational avg.Difference
Ground Beef $4.24$3.986.4%
Fried Chicken $1.29$1.418.6%
Milk $1.41$2.0631.5%
Potatoes $2.93$2.981.7%
Pizza $11.33$9.4719.6%
Beer $8.12$8.797.7%

Health Care

ItemFremontNational avg.Difference
Optometrist $96.39$101.044.6%
Doctor $97.50$107.449.3%
Dentist $86.92$90.423.9%
Ibuprofen $8.95$9.283.5%
Lipitor $441.80$426.503.6%

Housing

ItemFremontNational avg.Difference
Home Price $84,500.00$175,700.0051.9%
Avg. Mortgage Payment $1,006.55$1,133.2311.2%
Apartment Rent $603.00$920.0034.5%

Transportation

ItemFremontNational avg.Difference
Gasoline $2.00$1.990.1%
Tire Balancing $39.84$45.7612.9%

Utilities

ItemFremontNational avg.Difference
All Electricity$132.82$163.8118.9%
Phone $25.90$28.398.8%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Flat Rock, OH5092-8%
Crystal Rock, OH10992-8%
Wightmans Grove, OH101000%
Hessville, OH22582-18%
Fort Seneca, OH31683-17%
Fremont, OH16,55586-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Amesbury Town, MA16,55413131%
Roosevelt, NY16,55414646%
Americus, GA16,55785-15%
Bridgeview, IL16,5501055%
Moraga, CA16,549209109%
Fremont, OH16,55586-14%
Source: The Fremont, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.