Cost of Living: Fort Wayne, IN vs Kokomo, IN
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Fort Wayne, IN versus $4,332/mo in Kokomo, IN. In the model, rent is about 13.97% of gross in Fort Wayne, IN versus 13.35% in Kokomo, IN, so Kokomo, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Fort Wayne, IN and Kokomo, IN.
At a glance
- Cheaper overall (lower cost-of-living index): Fort Wayne, IN
- Lower rent (median 1BR/2BR): Kokomo, IN
- Lower home prices: Kokomo, IN
- Higher median household income: Fort Wayne, IN
Cost of Living Index
Fort Wayne, IN: 82.8 (U.S. = 100) · Kokomo, IN: 100 (U.S. = 100)
Fort Wayne, IN has a lower cost-of-living index than Kokomo, IN, so a given salary generally stretches further there.
Median Rent
Fort Wayne, IN: $911/mo (midpoint of 1BR/2BR) · Kokomo, IN: $871/mo
Median rent in Fort Wayne, IN is $40/mo higher than in Kokomo, IN.
Median Home Price
Fort Wayne, IN: $169,700 · Kokomo, IN: $126,500
Median home price in Fort Wayne, IN is $43,200 higher than in Kokomo, IN.
Median Household Income
Fort Wayne, IN: $60,293 · Kokomo, IN: $54,195
Fort Wayne, IN has a higher median household income than Kokomo, IN by $6,098.
Fort Wayne, IN overview · Kokomo, IN overview · Popular comparisons