Housing costs in Fort Wayne?
A typical home costs
$266,000, which is 21.3% less expensive than the national average of
$338,100 and 20.0% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Fort Wayne costs
$1,140 per month, which is 16.3% more than the national average of
$980 and 20.2% more than the state average of
$910.
Can I afford Fort Wayne?
To live comfortably in Fort Wayne (zip 46804), Indiana, a minimum annual income of
$51,120 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Fort Wayne?
The cost of living in Fort Wayne, IN 46804 is slightly lower than the national average overall. Housing costs are very reasonable compared to other cities in the US, and you can find a range of housing options from single family homes to apartments and condominiums available at various price points. Utilities and transportation expenses are also reasonably priced, making it easier for residents to afford their everyday needs without straining their budget too much. Groceries, healthcare, and other necessities are also relatively low compared to other cities. In short, living in Fort Wayne is more affordable than many other parts of the country.