Cost of Living in Fort Wayne, IN
Fort Wayne has a cost of living index of 82 (100 = national average), making it significantly more affordable than the national average. The median household income is $49,527 and the median home price is $185,000.
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Fort Wayne at a Glance
Population
267,633
Cost of Living Index
82
Median Income
$49,527
Median Home Price
$185,000
Property Tax Rate
0.85%
Sales Tax Rate
7.00%
Rent Index
68
State
Indiana
Living in Fort Wayne
Fort Wayne offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $185,000 is well within reach for many families.
The combined sales tax rate in Fort Wayne is 7.00%, and the effective property tax rate is 0.85%. Property taxes are close to the national average.