Fairmont Area Chamber of Commerce

Cost of Living Index National average is 100. Higher number means more expenses. Index is based on 50,000 annual income of family with 2 children.	101
Total Expenses Total living expenses for average household in the community.	$43,349
Mortage Payment Annual mortgage payment	$5,557
Volatile Expenses Total of all volatile expenses for average household in the community. Includes mortgae, insurance, property and income taxes, utilities	$16,034
2003 Annual Expenses Homeowner 2003 annual expenses. Expenses include property taxes, utility and miscellaneous house related expences	$3,350
Volatile Cost Of Living Index National average is 100. Higher number means more expenses. Index is based on 50,000 annual income of family with 2 children	98
Food Amount spend annually by average household	$5,784
Health Annual health related expenses	$2,273
Transportation Annual transportation expenses	$4,896
Entertainment Annual entertainment expenses	$2,859
Apparel Annual apparel expenses	$2,243
Auto Insurance Rate Annual auto insurance premium. Based on medium passanger car for married male with no violation in the last 3 years	$1,050
2000 Annual Expenses Homeowner 2000 annual expenses. Expenses include property taxes, utility and miscellaneous house related expenses	$2,688
2000 Expensees as % of Home Price Expenses include property taxes, utility and miscellaneous house related expenses	3.85%

Source: Town Hunter -Powered by TriVee, Inc.

323 East Blue Earth Avenue
P.O. Box 826
Fairmont, MN 56031
www.fairmontchamber.org
info@fairmontchamber.org