Cost of Living in Fremont, MI

Population 4,532 · Michigan · Data vintage 2023

58
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fremont sits on the smaller end of the Michigan city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.6% points to a labor market well on the tight side of the national distribution.

Fremont is about 40 miles northwest of Grand Rapids, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 25% lower than Grand Rapids' $226,000.

Cost Overview

Housing 56
Rent 62

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Fremont

The median home value in Fremont is $169,500 — 44% below the national median of $305,000. Median rent runs $813/month, 38% lower than the national median of $1,314/month. The median household income of $57,000/year is 24% lower than the US median of $74,580. The local unemployment rate is 1.6%, below the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. Overall, Fremont has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.

🏠 Housing

Median Home Value
$169,500
44% below avg
Zillow Home Value
$251,487
Zillow ZHVI
Median Rent
$813/mo
38% below avg
Price-to-Rent Ratio
17.4x
Favors buying
Property Tax Rate
1.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$707
1 BR
$780
2 BR
$962
3 BR
$1,290
4 BR
$1,444
Owner-occupied 72.9%
Renter-occupied 27.1%

💰 Estimated Monthly Budget

Rent median rent
$813
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,427/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.4 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.5%

Commute Mode

Drove alone
72.3%
Carpooled
9.4%
Walked
8.2%
Bicycle
1.0%
Work from home
5.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.3%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.5%

💼 Income & Employment

Median Household Income
$57,000
24% below avg
Per Capita Income
$29,195
Unemployment Rate
1.6%
68% below avg
Poverty Rate
15.0%
Labor Force Participation
59.1%

🎓 Education

Bachelor's degree+ 19.4%
Graduate degree 10.8%

👥 Demographics

Median Age 37.7
Male median age 37.9
Female median age 36

🏫 Schools

NCES CCD 2019 — public school district data

82%
4-Year Graduation Rate
17.9:1
Student-teacher ratio
5
Public schools
2,107
Total enrollment

Frequently Asked Questions

What is the cost of living in Fremont, MI?

Fremont has a cost index of 58 (100 = national average). It is 42% below the national average.

What is average rent in Fremont, MI?

The median gross rent in Fremont is $813 per month based on 2023 Census data.

What is the average home price in Fremont?

The median home value in Fremont is $169,500 according to Zillow and Census data.

What is the median income in Fremont?

The median household income in Fremont is $57,000 per year (2023 ACS 5-year estimates).

What is the sales tax in Fremont, MI?

The combined state and local sales tax rate in Fremont is 6.0%. The Michigan state income tax top rate is 4.3%.

Is Fremont, MI affordable?

Yes, Fremont is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.