Fort Wayne cost of living is 78.9
| COST OF LIVING | Fort Wayne | Indiana |
|---|---|---|
| Grocery | 91.4 | 92.9 |
| Health | 79.7 | 82.2 |
| Housing | 58.4 | 61.7 |
| Median Home Cost | $172,600 | $186,100 |
Is it expensive to live in Fort Wayne Indiana?
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 36% cheaper than the U.S average, while utilities are about 7% less pricey.
Is it cheap to live in Fort Wayne Indiana?
There’s a very low cost of living in Fort Wayne, Indiana.
It’s also ranked second on the list of cheapest places to live, according to US News. The median household income is about $48,000 and the median value of housing is $110,600, according to the US Census, making moving to Fort Wayne a very good deal.
What is the average monthly cost of living in Indiana?
Summary about cost of living in Indianapolis, IN, United States: Family of four estimated monthly costs are 3,556$ without rent. A single person estimated monthly costs are 1,009$ without rent.
What is the average living cost in Indiana?
Average Cost of Living in Indiana: $38,097 per year
According to the Bureau of Economic Analysis , the average cost of living in Indiana will run you around $38,097 per year.
Where is the lowest cost of living in the US?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
What is the average electric bill in Fort Wayne Indiana?
In Fort Wayne, IN, the average monthly electricity bill for residential consumers is $198/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,278 kWh * 15 ¢/kWh.
Is Fort Wayne Safe?
Fort Wayne is an average city in safety. The crime index ranges from medium to low. However, the city has a high level of drug trafficking problems. Fort Wayne is a reasonably ordinary city with everyday life.
Is Fort Wayne expensive?
The ranking comes from U.S. News & World Report’s list of the 25 best affordable places to live in 2020-2021. The magazine says that Fort Wayne’s cost of living is cheaper than all but one of the 150 most populous cities in the country, with the cost of living at 19.31 percent of the area’s median household income.
Is Fort Wayne Indiana safe to live?
The chance of becoming a victim of either violent or property crime in Fort Wayne is 1 in 36. Based on FBI crime data, Fort Wayne is not one of the safest communities in America. Relative to Indiana, Fort Wayne has a crime rate that is higher than 88% of the state’s cities and towns of all sizes.
How much money do you need to live comfortably in Indiana?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Required annual income after taxes | $27,201 | $59,828 |
| Annual taxes | $5,643 | $12,410 |
| Required annual income before taxes | $32,844 | $72,238 |
Is it cheaper to live in Texas or Indiana?
Indiana is 4.7% cheaper than Texas.
Is it cheaper to live in Florida or Indiana?
Indiana is 11.7% cheaper than Florida.
Is Indiana a cheap state to live in?
Indiana is the tenth-cheapest state to live in the United States. Average costs are 10% lower than the national average, and costs in all categories are below the national average. Housing in Indiana is the eighth cheapest in the United States.
Is it cheaper to live in Indiana or Michigan?
Indiana is 3.9% cheaper than Michigan.
What is the best state to live in financially?
Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.
Where is the nicest but cheapest place to live?
Here are the top 10 most affordable cities to live in the U.S., according to the Council for Community and Economic Research’s Cost of Living report.
- Cedar Park, Texas.
- Midland, Texas.
- Ogden, Utah.
- Raleigh, North Carolina.
- Provo, Utah.
- Des Moines, Iowa.
- Austin, Texas.
- Minneapolis, Minnesota.
How can I live free?
14 Ways to Live Rent-Free
- Teach English Abroad.
- Volunteer with Peace Corps or AmeriCorps.
- Become an Au Pair.
- Trade Services for Free Rent.
- Become a House Sitter.
- Become a Resident Assistant at Your College.
- Find a Job That Provides Housing.
What is the average water bill in Fort Wayne Indiana?
A residential customer within the Fort Wayne city limits who uses 535 cubic feet per month would see his or her monthly water charges rise from $22.78 to $23.90 this year, and to $30.06 by 2023.
How much does water cost in Fort Wayne?
Water Usage Charge (Effective June 1, 2019)
| Metered Rates Per Month | INSIDE CITY (100 cu. ft.) | OUTSIDE CITY (100 cu. ft.) |
|---|---|---|
| First 2,500 cu. ft. | $ 2.17 | $ 2.47 |
| Next 9,500 cu. ft. | $ 2.02 | $ 2.30 |
| Over 12,000 cu. ft. | $ 1.97 | $ 2.25 |
Is Fort Wayne Indiana a big city?
The city’s population was 263,886 as of the 2020 Census, making it the second-most populous city in Indiana after Indianapolis, and the 76th-most populous city in the United States.