Fort Wayne vs Waco
Cost of Living Comparison · 2026
Fort Wayne
Waco
The Verdict
Living in Fort Wayne costs 1.2% less than Waco. To match the purchasing power of a $75,000 salary in Fort Wayne, you would need $75,915 in Waco.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Fort Wayne has the same purchasing power as $75,915 in Waco.
Conversely, $75,000 in Waco equals $74,096 in Fort Wayne.
Living in Fort Wayne vs Waco
Housing Costs
Fort Wayne's housing index of 57 is lower Waco's 63, translating to median home prices of $195,000 vs $230,000. The $35,000 difference in home prices means roughly $2,280 per year in additional mortgage costs at current rates. Renters face a similar gap: $950/mo in Fort Wayne compared to $1,050/mo in Waco, a monthly difference of $100.
Grocery & Food Costs
Grocery expenses index at 99 in Fort Wayne and 95 in Waco. A household spending the national average of $475/month on groceries would pay approximately $470/month in Fort Wayne vs $451/month in Waco. 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 97 in Waco. Monthly utility bills average approximately $372 in Fort Wayne vs $388 in Waco. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 96 in Fort Wayne and 93 in Waco. 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 $49,500 in Waco. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $66,585 and $59,639 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 $1,155/month in Waco. In Fort Wayne, median rent of $950/mo fits within this budget. In Waco, median rent of $1,050/mo remains manageable. The biggest category-level difference between these two cities is Transportation, where the gap is 12 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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