A+
9%
Overall NAT. AVG.
3%
Goods & Services NAT. AVG.
22%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Fremont Nebraska National
Cost of living9189100
Goods & Services9796100
Groceries9896100
Health care8898100
Housing7876100
Transportation99100100
Utilities9686100

An Overview of Cost of Living in Fremont, NE

Are you thinking about relocating, but curious about the potential cost of living in Fremont? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Fremont stands at 91, making it 9% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

The cost of living in Fremont is about average when compared to all other cities across the nation. You can expect that everyday items like food, goods and services and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.

Is Fremont Affordable?

Is Fremont affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Fremont, the median home price is 24% lower than the national average and monthly rent prices are 18.8% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Fremont boasting a median household income of $54,291, 1.9% lower than the national average.

What Factors can Influence the Cost of Living in Fremont?

Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Fremont, the groceries index is 2% lower than the national average.

Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Fremont, the healthcare costs are 12.1% lower than the national average.

Utilities: As with the prices of anything else, utility costs can exhibit significant variations, contingent on factors like climate, energy source availability, geographic location and state regulations. The expenses associated with electricity, water, heating, and waste disposal can fluctuate, either upward or downward, depending on the particular city or state. In Fremont, the utilities index registers 4.3% lower than the national average.

Where is the Data From?

The cost of living data in Fremont displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in Fremont is 2% higher than the Nebraska average
  • The cost of living in Fremont is 9% lower than the national average
  • Fremont housing is 22% lower than the national average
  • Nebraska general sales tax is 8% higher than the national average
  • Nebraska state income tax is 5% lower than the national average

Most Affordable Places to Live in and Around Fremont

See all the best places to live around Fremont

Compare Fremont, NE Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$72,692$6,058$1,696$2,181
      Renters$39,469$3,289$921$1,184
      The affordability of the housing market in Fremont, NE as well as the overall cost of living can be predicted 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 be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Fremont homeowners, the median income is $72,692. This indicates that a monthly maximum of $1,696 should be spent by homeowners on all housing related costs. Renters have a median income of $39,469. This indicates that renters would have a maximum of $921 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% 6.64%

      Goods & Services

      Item Fremont National avg. Difference
      Haircut $23.69$24.262.4%
      Beauty Salon $32.50$45.5628.7%
      Toothpaste $3.71$3.700.3%
      Shampoo $1.23$1.283.7%
      Movie $12.12$12.130.1%
      Bowling $18.36$18.002.0%

      Groceries

      Item Fremont National avg. Difference
      Ground Beef $6.11$5.844.6%
      Fried Chicken $1.40$1.5711.2%
      Milk $4.67$4.670.1%
      Potatoes $4.50$4.938.9%
      Pizza $11.19$12.097.4%
      Beer $9.76$10.416.3%

      Health Care

      Item Fremont National avg. Difference
      Optometrist $123.10$125.682.1%
      Doctor $135.27$135.780.4%
      Dentist $90.11$113.2920.5%
      Ibuprofen $10.62$10.650.3%
      Lipitor $357.80$468.6023.6%

      Housing

      Item Fremont National avg. Difference
      Home Price $140,400.00$184,700.0024.0%
      Avg. Mortgage Payment $1,869.86$2,346.6920.3%
      Apartment Rent $771.00$949.0018.8%

      Transportation

      Item Fremont National avg. Difference
      Gasoline $3.22$3.467.1%
      Tire Balancing $68.12$59.9213.7%

      Utilities

      Item Fremont National avg. Difference
      All Electricity $174.82$193.999.9%
      Phone $200.78$192.254.4%
      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 Population Cost of Living Index National Avg.
      Fontanelle, NE80973.4%
      Ames, NE0973.4%
      King Lake, NE39973.4%
      Venice, NE457623.9%
      Morse Bluff, NE1138218.2%
      Fremont, NE26,362919.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      East St. Louis, IL26,3597723.4%
      Ewa Gentry, HI26,35817776.8%
      Cabot, AR26,376963.6%
      Auburn, NY26,383919.1%
      Canyon Lake, TX26,3381065.7%
      Fremont, NE26,362919.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.