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Fremont, MI vs Olivet, MI

71
Fremont
Michigan
VS
-1.4%
72
Olivet
Michigan

Fremont, MI and Olivet, MI have a very similar cost of living, with only a 1.4% difference in their overall index. Fremont scores 71 while Olivet scores 72 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Fremont is $813/month compared to $919/month in Olivet — a 12% difference. Interestingly, home values tell a different story: while Fremont has cheaper rent, Olivet actually has lower median home values ($137,300 vs $169,500).

Median household income in Fremont is $57,000 compared to $44,940 in Olivet (+26.8%). Fremont offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fremont spend roughly 17.1% of their income on rent, less than the 24.5% in Olivet.

Income & Cost

Cost of Living Index
Fremont
71
1% cheaper
Olivet
72
Median Household Income
Fremont
$57,000
21% higher
Olivet
$44,940

Housing

Median Rent
Fremont
$813
12% cheaper
Olivet
$919
Median Home Value
Fremont
$169,500
Olivet
$137,300
19% cheaper
Population
Fremont
4,532
Olivet
1,633

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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