Housing costs in Fort Wayne?
A typical home costs
$144,000, which is 57.4% less expensive than the national average of
$338,100 and 35.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Fort Wayne costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 22.5% cheaper than the state average of
$980.
Can I afford Fort Wayne?
To live comfortably in Fort Wayne (zip 46809), Indiana, a minimum annual income of
$27,720 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Fort Wayne?
Fort Wayne, IN is a great place to live and the cost of living reflects that. The overall cost of living in 46809 Fort Wayne is relatively low compared to other big cities across the United States. The median home value in this area is $119,000, making it an affordable option for homeowners looking to buy or rent. The median household income in the area is $43,471, providing plenty of opportunity for residents to make a comfortable living. Additionally, the cost of groceries, transportation, healthcare and other services are all below average and the local taxes are relatively low. All in all, Fort Wayne provides an excellent quality of life at an affordable cost.