City Comparison

Fort Wayne vs Knoxville

Cost of Living Comparison · 2026

Fort Wayne

Indiana
82
Very Affordable
$195,000
Median Home
$950/mo
Median Rent
$54,600
Median Income

Knoxville

Tennessee
88
Below Average
$240,000
Median Home
$1,100/mo
Median Rent
$42,898
Median Income

The Verdict

6.8%

Fort Wayne is 6.8% less expensive than Knoxville overall. A household earning $75,000 in Fort Wayne would need approximately $80,488 in Knoxville to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
57
Fort Wayne
73
Knoxville
Groceries
99
Fort Wayne
94
Knoxville
Utilities
93
Fort Wayne
90
Knoxville
Transportation
101
Fort Wayne
97
Knoxville
Healthcare
96
Fort Wayne
93
Knoxville

Salary Equivalence

A $75,000 salary in Fort Wayne has the same purchasing power as $80,488 in Knoxville.

Conversely, $75,000 in Knoxville equals $69,886 in Fort Wayne.

Living in Fort Wayne vs Knoxville

Housing Costs

Fort Wayne's housing index of 57 is lower Knoxville's 73, translating to median home prices of $195,000 vs $240,000. The $45,000 difference in home prices means roughly $2,928 per year in additional mortgage costs at current rates. Renters face a similar gap: $950/mo in Fort Wayne compared to $1,100/mo in Knoxville, a monthly difference of $150.

Grocery & Food Costs

Grocery expenses index at 99 in Fort Wayne and 94 in Knoxville. A household spending the national average of $475/month on groceries would pay approximately $470/month in Fort Wayne vs $447/month in Knoxville. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 93 in Fort Wayne and 90 in Knoxville. Monthly utility bills average approximately $372 in Fort Wayne vs $360 in Knoxville. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 96 in Fort Wayne and 93 in Knoxville. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $54,600 in Fort Wayne and $42,898 in Knoxville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $66,585 and $48,748 respectively. Fort Wayne residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,274/month to housing in Fort Wayne vs $1,001/month in Knoxville. In Fort Wayne, median rent of $950/mo fits within this budget. In Knoxville, median rent of $1,100/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 16 index points — focus your budget analysis there.

Frequently Asked Questions

Fort Wayne is 6.8% more affordable overall with an index of 82 vs 88.
A $75,000 salary in Fort Wayne has equivalent purchasing power to approximately $80,488 in Knoxville, based on the cost of living difference.
Fort Wayne's housing index is 57 with median homes at $195,000, while Knoxville's is 73 with median homes at $240,000.

Moving & Relocation Resources

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