Cost of Living in Fort Wayne, IN
|Cost of Living in Fort Wayne, IN||Compared to State Average||Compared to National Average|
|Housing (Buy and Rent)||16% lower||35% lower|
|Utilities (Monthly)||5% lower||6% lower|
|Food||2% lower||10% lower|
|Transportation||8% higher||6% higher|
|Goods & Services||3% higher||2% lower|
The cost of living in Fort Wayne, IN is 4% lower than the state average and 13% lower than the national average. Fort Wayne, IN housing is 35% cheaper than the U.S average, while utilities are about 6% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 2% less in Fort Wayne, IN than in the rest of the country, while clothing costs around 2% less .
Healthcare services such as doctor check-ups and dentistry cost 0% here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 2% cheaper in Fort Wayne, IN.
Housing (Buy and Rent)
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Fort Wayne is $1,025, while home prices circle around $244,317.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Fort Wayne, energy bills cost around $153.55 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $1.86 in Fort Wayne, a dozen eggs go for around $1.02 and a pound of potatoes circles around $2.85.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Fort Wayne, an optometry check-up costs around $92.58, while a dentist appointment is priced $96.00 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.78 in Fort Wayne, while getting your tires balanced will run you about $61.84.
Goods & Services
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $37.00 here. Meanwhile, a pair of women's slacks will set you back around $34.23.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Fort Wayne, you should budget around $10.99 a month. When it comes to personal services, a haircut usually goes for $23.42, while dry cleaning costs about $12.95.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Fort Wayne, the median household income is $51,454.