Is Fort Wayne, IN cheaper than Toledo, OH?

Based on cost of living data, Fort Wayne, IN is 8.4% cheaper than Toledo, OH. This translates to saving $627 per month.

What salary do I need in Fort Wayne, IN to live like I do in Toledo, OH?

If you earn $150,000 in Toledo, OH, you'd need approximately $142,481.922 in Fort Wayne, IN to maintain the same standard of living.

How does housing cost compare between Toledo, OH and Fort Wayne, IN?

Housing in Fort Wayne, IN is 13.4% more expensive than in Toledo, OH. For a two-bedroom apartment, rent is $1,090/month in Fort Wayne, IN compared to $1,075/month in Toledo, OH.

How much can I save per month by moving from Toledo, OH to Fort Wayne, IN?

Moving from Toledo, OH to Fort Wayne, IN could save you approximately $627 per month, or $7518 per year, based on a $150,000 salary.

Toledo, OH vs Fort Wayne, IN: Cost of Living Comparison 2026

Tap to swap

Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Toledo, OH

Numbers update automatically as you type

You'd save $627/month moving to Fort Wayne, IN

$150.0K in your current city equals $142.5K in Fort Wayne, IN

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↓ 8.4%

Less expensive

Monthly Impact

$627

Savings

Annual Impact

$7.5K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Toledo, OH

Population:265K

Cost Index:

100

100 = national average

Median Home:$130K

Fort Wayne, IN

Population:270K

Cost Index:

(8% below avg)

Median Home:$206K

Toledo, OH

The Buckeye State

265K

Population

State Tax

Yes

Located in Ohio, this city has a population of 265K residents.

Fort Wayne, IN

The Hoosier State

270K

Population

State Tax

Yes

Located in Indiana, this city has a population of 270K residents.

Cost Breakdown by Category

Annual spending: Toledo, OH vs Fort Wayne, IN

Category	Toledo, OH	Fort Wayne, IN	Difference	Change
Transportation	$1,617/mo	$1,188/mo	↓ $428less	26.5%
Other	$1,723/mo	$1,490/mo	↓ $233less	13.5%
Housing	$1,605/mo	$1,819/mo	↑ $214more	13.4%
All Utilities	$565/mo	$503/mo	↓ $62.71less	11.1%
Groceries	$963/mo	$919/mo	↓ $43.71less	4.5%
Healthcare	$572/mo	$582/mo	↑ $10.43more	1.8%

Transportation

↓ 26.5%

Toledo, OH

$1,617

Fort Wayne, IN

$1,188

Difference

$428

less

Other

↓ 13.5%

Toledo, OH

$1,723

Fort Wayne, IN

$1,490

Difference

$233

less

Housing

↑ 13.4%

Toledo, OH

$1,605

Fort Wayne, IN

$1,819

Difference

$214

All Utilities

↓ 11.1%

Toledo, OH

$565

Fort Wayne, IN

$503

Difference

$62.71

less

Groceries

↓ 4.5%

Toledo, OH

$963

Fort Wayne, IN

$919

Difference

$43.71

less

Healthcare

↑ 1.8%

Toledo, OH

$572

Fort Wayne, IN

$582

Difference

$10.43

🏛️ Local Income Taxes

Toledo, OH: Toledo Municipal Income Tax$3,750/yr (2.5%)

Fort Wayne, IN: Allen County Income Tax$2,220/yr (1.5%)

Net difference-$1,530/yr

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$772

To$870

↑ $98.00

1 Bed

From$818

To$900

↑ $82.00

2 Bed

From$1,075

To$1,090

↑ $15.00

3 Bed

From$1,379

To$1,350

↓ $29.00

Toledo, OHZIP-level data

1BR range: $740–$930/mo

Fort Wayne, INZIP-level data

1BR range: $790–$1,360/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,045

Monthly in Toledo, OH

$6,502

Monthly in Fort Wayne, IN

$543

Difference

Home Values

Toledo

Fort Wayne

$130K

Median Value

$206K

↑ +5.6%

YoY Change

↑ +2.2%

↑ +41%

5-Year Change

↑ +46.8%

$47K - $314K

Price Range

$104K - $439K

Homes in Fort Wayne are 59% more expensive than Toledo

Calculate payment - Toledo Calculate payment - Fort Wayne

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $418

More taxes

Monthly Difference

$34.81

Less take-home

Effective Rate Diff

0.3%

Rate difference

Toledo, OH

Federal Income Tax

Effective: 18.9%

$25.5K

Ohio State Tax

Effective: 3.0%

$4.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 27.6%

$41.4K

Take-Home Pay

$9,047/month

$108.6K

Fort Wayne, IN

Federal Income Tax

Effective: 18.9%

$25.5K

Indiana State Tax

Effective: 3.2%

$4.8K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 27.9%

$41.9K

Take-Home Pay

$9,012/month

$108.1K

Additional Tax Information

Toledo, OH Tax Rates

Sales Tax:7.2%

Property Tax:1.6%

Fort Wayne, IN Tax Rates

Sales Tax:7.0%

Property Tax:0.9%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.