Cost of Living: Elkhart, IN vs Fort Wayne, IN
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Elkhart, IN versus $4,332/mo in Fort Wayne, IN. In the model, rent is about 14.3% of gross in Elkhart, IN versus 13.97% in Fort Wayne, IN, so Fort Wayne, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Elkhart, IN and Fort Wayne, IN.
At a glance
- Cheaper overall (lower cost-of-living index): Fort Wayne, IN
- Lower rent (median 1BR/2BR): Fort Wayne, IN
- Lower home prices: Elkhart, IN
- Higher median household income: Fort Wayne, IN
Cost of Living Index
Elkhart, IN: 100 (U.S. = 100) · Fort Wayne, IN: 82.8 (U.S. = 100)
Fort Wayne, IN has a lower cost-of-living index than Elkhart, IN, so a given salary generally stretches further there.
Median Rent
Elkhart, IN: $932/mo (midpoint of 1BR/2BR) · Fort Wayne, IN: $911/mo
Median rent in Elkhart, IN is $21/mo higher than in Fort Wayne, IN.
Median Home Price
Elkhart, IN: $126,900 · Fort Wayne, IN: $169,700
Median home price in Fort Wayne, IN is $42,800 higher than in Elkhart, IN.
Median Household Income
Elkhart, IN: $47,885 · Fort Wayne, IN: $60,293
Fort Wayne, IN has a higher median household income than Elkhart, IN by $12,408.
Elkhart, IN overview · Fort Wayne, IN overview · Popular comparisons