Fremont, IN vs Mount Vernon, IN
Mount Vernon is moderately more affordable than Fremont, with a 13.2% lower cost of living index. Fremont scores 76 compared to 67 for Mount Vernon, where the US average is 100. This difference means residents of Fremont can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Fremont is $1,034/month compared to $726/month in Mount Vernon — a 42% difference. Interestingly, home values tell a different story: while Mount Vernon has cheaper rent, Fremont actually has lower median home values ($144,900 vs $164,200).
Median household income in Fremont is $61,953 compared to $61,527 in Mount Vernon (+0.7%). Fremont does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Fremont spend roughly 20% of their income on rent, more than the 14.2% in Mount Vernon.
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