Cost of Living: Kokomo, 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 Kokomo, IN versus $4,332/mo in Fort Wayne, IN. In the model, rent is about 13.35% of gross in Kokomo, IN versus 13.97% in Fort Wayne, IN, so Kokomo, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Kokomo, IN and Fort Wayne, 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
Kokomo, IN: 100 (U.S. = 100) · Fort Wayne, IN: 82.8 (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
Kokomo, IN: $871/mo (midpoint of 1BR/2BR) · Fort Wayne, IN: $911/mo
Median rent in Fort Wayne, IN is $40/mo higher than in Kokomo, IN.
Median Home Price
Kokomo, IN: $126,500 · Fort Wayne, IN: $169,700
Median home price in Fort Wayne, IN is $43,200 higher than in Kokomo, IN.
Median Household Income
Kokomo, IN: $54,195 · Fort Wayne, IN: $60,293
Fort Wayne, IN has a higher median household income than Kokomo, IN by $6,098.
Kokomo, IN overview · Fort Wayne, IN overview · Popular comparisons