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Fremont, MI vs Homer, MI

71
Fremont
Michigan
VS
+12.3%
63
Homer
Michigan

Homer is moderately more affordable than Fremont, with a 12.3% lower cost of living index. Fremont scores 71 compared to 63 for Homer, 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 $813/month compared to $734/month in Homer — a 11% difference. Home values follow the same pattern: Homer is more affordable at $119,600 median vs $169,500.

Median household income in Fremont is $57,000 compared to $49,271 in Homer (+15.7%). While Fremont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fremont spend roughly 17.1% of their income on rent, less than the 17.9% in Homer.

Income & Cost

Cost of Living Index
Fremont
71
Homer
63
11% cheaper
Median Household Income
Fremont
$57,000
14% higher
Homer
$49,271

Housing

Median Rent
Fremont
$813
Homer
$734
10% cheaper
Median Home Value
Fremont
$169,500
Homer
$119,600
29% cheaper
Population
Fremont
4,532
Homer
1,584

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fremont $2.88
Homer $2.88
US $3.07
🥚
Eggs (grade A, large)
Fremont $2.35
Homer $2.35
US $2.50
🥛
Milk (whole)
Fremont $3.79
Homer $3.79
US $4.03
🍞
Bread (white)
Fremont $1.74
Homer $1.74
US $1.85
🍗
Chicken breast
Fremont $3.90
Homer $3.90
US $4.14
Electricity
Fremont $0.17
Homer $0.18
US $0.19