Housing costs in Fort Wayne?
A typical home costs
$69,900, which is 79.3% less expensive than the national average of
$338,100 and 68.5% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Fort Wayne costs
$810 per month, which is 17.3% cheaper than the national average of
$980 and 12.3% cheaper than the state average of
$910.
Can I afford Fort Wayne?
To live comfortably in Fort Wayne (zip 46803), Indiana, a minimum annual income of
$13,320 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Fort Wayne?
Fort Wayne, IN has an average cost of living that is slightly lower than the national average. Housing costs in Fort Wayne, IN are 8.3% lower than the national average, making the median home value around $118,100. The median gross rent is also cheaper in Fort Wayne at $797 compared to the national average of $949. Utilities are slightly higher than average but still reasonable at an index of 102.7. Groceries and healthcare have a below-average cost and transportation expenses are comparable to the national numbers. All in all, 46803 Fort Wayne, IN offers a low cost of living for those looking to move to a midwestern city.