Housing costs in Fort Wayne?
A typical home costs
$140,800, which is 58.4% less expensive than the national average of
$338,100 and 36.5% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Fort Wayne costs
$960 per month, which is 2.0% cheaper than the national average of
$980 and 5.2% more than the state average of
$910.
Can I afford Fort Wayne?
To live comfortably in Fort Wayne (zip 46807), Indiana, a minimum annual income of
$27,000 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Fort Wayne?
The cost of living in Fort Wayne, IN 46807 is relatively affordable. According to BestPlaces, the overall cost of living index for Fort Wayne is 82.43, which is 18% lower than the US average. This includes housing costs which are 36% lower than the US average and groceries which are 10% lower than the US average. Furthermore, utilities are 30% cheaper than the US average. All of this combined results in a great value for everyday goods and services throughout the city, making it an attractive place to live and work.