The cost of living in Fort Wayne, IN, is 4% lower than the state average and 13% lower than the national average. Housing in Fort Wayne, IN, is 35% cheaper than the U.S. average, while utilities are approximately 6% less expensive. Which means that buying and renting in Fort Wayne costs almost half of what it costs in the rest of the United States.
While there are always pros and cons to a long-distance move, moving to Fort Wayne, Indiana, can be a big financial measure. Considering these taxes, while excluding taxes collected at the federal level, residents of Fort Wayne live in a state with a low average tax burden. Out-of-pocket health care costs and insurance premiums, assuming at least a basic level of health insurance coverage, are much lower than they are on average across the country in Fort Wayne and also lower than they are in all of Indiana in general.