CostIndexUSA

Fremont, CA vs Modesto, CA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CA
Fremont
115.6
overall index
$3,075/mo rent
More AffordableCA
Modesto
104.1
overall index
$2,100/mo rent

Modesto is moderately cheaper than Fremont — 9.9% lower overall cost of living.

To match an $80,000 salary in Fremont, you would need $72,000 in Modesto. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing44.3%
Fremont
194.7
Modesto
108.5
🛒 Groceries3.0%
Fremont
108.5
Modesto
105.2
🚗 Transportation5.6%
Fremont
111.5
Modesto
105.3
🏥 Healthcare5.6%
Fremont
100.9
Modesto
95.3
Utilities11.8%
Fremont
172.6
Modesto
152.3

Salary Equivalency Calculator

Enter your current salary in Fremont to see what you'd need to earn in Modesto to maintain the same purchasing power.

$
Equivalent salary in Modesto, CA
$72,000
$8,000 less needed in Modesto

Formula: salary × (104.1 ÷ 115.6) = salary × 0.9005. Based on BEA Regional Price Parities.

Housing Market

Fremont, CA

Median Home Price
$1,090,000
Median Monthly Rent
$3,075
Housing Index
194.7
Price-to-Rent Ratio
29.5×

Modesto, CA

Median Home Price
$457,000
Median Monthly Rent
$2,100
Housing Index
108.5
Price-to-Rent Ratio
18.1×

Fremont has 44.3% lower housing costs compared to Modesto.

Income & Job Market

Fremont, CA

Median Household Income
$127,800
Per Capita Income
$72,800
Unemployment Rate
5%
Population
230,504
Top Industries
TechnologyManufacturingHealthcareRetailEducation

Modesto, CA

Median Household Income
$82,800
Per Capita Income
$47,200
Unemployment Rate
6.6%
Population
218,464
Top Industries
AgricultureHealthcareManufacturingRetailEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Fremont, CA
3.5×income-to-rent ratio

71% of income left after rent (median)

Modesto, CA
3.3×income-to-rent ratio

70% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.