Housing costs in Fort Wayne?
A typical home costs
$220,600, which is 34.8% less expensive than the national average of
$338,100 and 0.5% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Fort Wayne costs
$1,050 per month, which is 7.1% more than the national average of
$980 and 13.3% more than the state average of
$910.
Can I afford Fort Wayne?
To live comfortably in Fort Wayne (zip 46825), Indiana, a minimum annual income of
$42,120 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Fort Wayne?
The cost of living in 46825 Fort Wayne, IN is quite reasonable. According to a cost-of-living index created by the Council for Community and Economic Research, Fort Wayne scores 93.8 out of 100, which is slightly lower than the U.S. average of 100. This means that residents of 46825 Fort Wayne, IN are likely to enjoy affordable housing costs, groceries, transportation, and utilities compared to other parts of the country. The median home price in the area is just $117,300, and local grocery stores offer competitive prices when it comes to everyday items like milk and bread. Furthermore, gasoline prices remain significantly lower than the national average, making transportation costs relatively low for residents of 46825 Fort Wayne, IN as well.