Housing costs in Fort Wayne?
A typical home costs
$91,600, which is 72.9% less expensive than the national average of
$338,100 and 58.7% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Fort Wayne costs
$860 per month, which is 12.2% cheaper than the national average of
$980 and 5.8% cheaper than the state average of
$910.
Can I afford Fort Wayne?
To live comfortably in Fort Wayne (zip 46802), Indiana, a minimum annual income of
$17,640 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Fort Wayne?
The cost of living in 46802 Fort Wayne, IN is relatively low compared to other areas. According to the BestPlaces Cost of Living Index, the city has a score of 73.1 out of 100, which is considered quite affordable. In regards to housing, the median home cost is just above $135,000 and rent is about $750 per month. When it comes to utilities such as electricity and water, residents can expect to pay an average of around $160 a month. Additionally, food costs are also quite reasonable with groceries costing approximately $320 a month for a family of four. All in all, Fort Wayne provides an excellent quality of life at a very affordable rate.