Housing costs in Fort Wayne?
A typical home costs
$139,800, which is 58.7% less expensive than the national average of
$338,100 and 36.9% 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 46808), Indiana, a minimum annual income of
$26,640 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Fort Wayne?
The cost of living in 46808 Fort Wayne, IN is relatively affordable compared to other areas of the country. The median home value in Fort Wayne is $94,500 while the median household income is $41,772. This means that households are able to maintain a comfortable standard of living without breaking the bank. Additionally, groceries and healthcare costs are significantly lower than the national average meaning families have more money left over for other important expenses. In general, residents can expect to pay around 19% less for basic living expenses when compared to the rest of the country.