Kiplinger says the Fort Wayne metropolitan area offers an “enviable combination of affordability and amenities. The cost of living is 13.7% below the US average, according to the publication's analysis. He says that affordable housing is the main driver of the comparatively low cost of living in the metropolitan area. Fort Wayne, Indiana, is a good place to live for anyone who wants a mid-sized, family-friendly Midwest city with plenty of options for work, school and recreation.
All of which can be obtained at a reasonable cost of living. Low living expenses, including below-average housing, transportation, and grocery costs, were more than enough to get us interested in Fort Wayne, IN. But what consolidated its place on our list of the best affordable places to live was the city's wide variety of entertainment options and the high quality of life that residents enjoy. Recreational services, artistic and cultural offerings, lodging options and vibrant downtown Fort Wayne add to one of the best values in the country.
The unemployment rate in the Fort Wayne metropolitan area has fallen dramatically after a rise caused by the pandemic and is now well below the national level. According to the Indiana Business Research Center at Indiana University, 58 percent of the workforce in Fort Wayne lives less than 10 miles from their jobs, making it a convenient place to travel. Fort Wayne has employers such as General Motors, Vera Bradley, Nestle, numerous health systems and many different financial companies. Art lovers can visit the works of the Fort Wayne Museum of Art, the many local art galleries, a handful of small museums and numerous public works of art.
The typical Fort Wayne resident spends just 24 percent of their monthly income on housing costs, 4 percent less than most mortgage experts suggest. Niche has rated Fort Wayne as the most affordable city to live in in the United States, in a recently published report. Fort Wayne is home to the Komets (the local hockey team), the Mad Ants (the basketball team) and the TinCaps (the baseball team), among many local school and inter-college sports teams. Three minor league sports teams, 15 museums and art galleries, 86 public parks, a zoo, an orchestra, annual events such as the Johnny Appleseed Festival and the Three Rivers Festival, and the Indiana-Purdue University in Fort Wayne offer residents a lot of things to do.
Based on cost-of-living estimates, the average cost of living in Fort Wayne is 13.7% lower than in the United States. General Motors, Lincoln Financial Group, Parkview Health System and Lutheran Health Network are among the top employment providers in Fort Wayne.
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