Fremont, NE Cost Of Living

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.
Index	Fremont	Nebraska	National
Cost of living index	85	89	100
Index	Fremont	Nebraska	National
Goods & Services index	94	95	100
Groceries index	94	95	100
Health care index	101	100	100
Housing index	67	76	100
Transportation index	92	97	100
Utilities index	86	86	100

Displayed above is a general overview of the Fremont, NE cost of living index. The overall cost of living index in Fremont, NE is 85, which is 4% lower than the Nebraska average and 15% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Fremont, NE are 1% lower than the Nebraska average and 6% lower than the national average.

Did you know?

The cost of living in Fremont is 4% lower than the Nebraska average.
The cost of living in Fremont is 15% lower than the national average.
The cost of housing in Fremont is 33% lower than the national average.
Nebraska general sales tax is 8% higher than the national average.
Nebraska state income tax is 11% higher than the national average.

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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current income in Fremont, NE 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, NE, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Fremont, NE 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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$60,022	$5,002	$1,400	$1,801
Renters	$34,173	$2,848	$797	$1,025

The affordability of the housing market in Fremont, NE as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Fremont, NE homeowners, the median income is $60,022. This indicates that a monthly maximum of $1,400 should be spent by homeowners on all housing related costs. Renters have a median income of $34,173. This indicates that renters should have a maximum of $797 used for their rent related monthly costs.

Nebraska Sales Tax

State	General Sales Tax	With Max Surtax
Nebraska	5.5%	7.5%

Nebraska Income Tax

State	Income Tax (Low)	Income Tax (High)
Nebraska	2.46%	6.84%

When assessing the complete cost of living in Fremont, NE, the Nebraska income tax and the Nebraska sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Nebraska maximum surtax is 7.5%, and the Nebraska sales tax is 5.5%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 2.46% to 6.84% in Nebraska.

Goods & Services

Item	Fremont	National avg.	Difference
Haircut	$17.00	$16.09	5.7%
Beauty Salon	$32.86	$37.33	12.0%
Toothpaste	$1.95	$2.45	20.5%
Shampoo	$0.84	$1.00	16.0%
Movie	$9.59	$10.28	6.7%
Bowling	$3.70	$4.93	25.0%

Groceries

Item	Fremont	National avg.	Difference
Ground Beef	$3.40	$3.80	10.7%
Fried Chicken	$1.48	$1.40	5.7%
Milk	$1.73	$2.01	13.8%
Potatoes	$3.34	$3.01	10.9%
Pizza	$9.49	$9.89	4.0%
Beer	$8.26	$8.90	7.2%

Health Care

Item	Fremont	National avg.	Difference
Optometrist	$97.13	$102.16	4.9%
Doctor	$137.37	$108.36	26.8%
Dentist	$74.14	$92.53	19.9%
Ibuprofen	$9.25	$9.28	0.3%
Lipitor	$431.14	$425.82	1.2%

Housing

Item	Fremont	National avg.	Difference
Home Price	$116,500.00	$184,700.00	36.9%
Avg. Mortgage Payment	$1,017.45	$1,202.44	15.4%
Apartment Rent	$724.00	$949.00	23.7%

Transportation

Item	Fremont	National avg.	Difference
Gasoline	$1.82	$2.24	18.8%
Tire Balancing	$53.20	$46.29	14.9%

Utilities

Item	Fremont	National avg.	Difference
All Electricity	$161.36	$165.96	2.8%
Phone	$21.01	$28.68	26.8%

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, State	Population	Cost of Living Index	National Avg.
Ames, NE	80	93	-7%
Fontanelle, NE	22	93	-7%
Venice, NE	74	93	-7%
King Lake, NE	120	77	-23%
Nickerson, NE	323	79	-21%
Fremont, NE	26,450	85	-15%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Medina, OH	26,445	91	-9%
Holbrook, NY	26,435	140	40%
Kankakee, IL	26,424	91	-9%
Lemon Grove, CA	26,421	128	28%
Batavia, IL	26,413	111	11%
Fremont, NE	26,450	85	-15%

Source: The Fremont, NE cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Fremont, NE Cost of Living