Cost Of Living in Lakes Of Buckingham, IN

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Lakes Of Buckingham	Fort Wayne	Indiana
Cost of living	88	90	90
Goods & Services	96	96	94
Groceries	101	101	98
Health care	96	96	96
Housing	63	71	72
Transportation	98	98	95
Utilities	102	102	107

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Cost Of Living Quick Facts

The cost of living in Lakes Of Buckingham is 2% lower than the Fort Wayne average
The cost of living in Lakes Of Buckingham is 12% lower than the national average
Lakes Of Buckingham housing is 37% lower than the national average
Indiana general sales tax is 37% higher than the national average
Indiana state income tax is 21% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Household	$71,000	$5,917	$1,657	$2,130

Indiana Sales Tax

State	General Sales Tax	With Max Surtax
Indiana	7%	7%

Indiana Income Tax

State	Income Tax (Low)	Income Tax (High)
Indiana	3.15%	3.15%

Goods & Services

Item	Fort Wayne	National avg.	Difference
Haircut	$26.22	$24.26	8.1%
Beauty Salon	$33.78	$45.56	25.9%
Toothpaste	$3.63	$3.70	2.0%
Shampoo	$1.32	$1.28	3.3%
Movie	$12.75	$12.13	5.1%
Bowling	$16.72	$18.00	7.1%

Groceries

Item	Fort Wayne	National avg.	Difference
Ground Beef	$6.10	$5.84	4.4%
Fried Chicken	$1.64	$1.57	4.1%
Milk	$4.74	$4.67	1.5%
Potatoes	$5.08	$4.93	3.0%
Pizza	$12.79	$12.09	5.8%
Beer	$10.06	$10.41	3.3%

Health Care

Item	Fort Wayne	National avg.	Difference
Optometrist	$104.30	$125.68	17.0%
Doctor	$119.61	$135.78	11.9%
Dentist	$110.00	$113.29	2.9%
Ibuprofen	$10.59	$10.65	0.6%
Lipitor	$528.19	$468.60	12.7%

Housing

Item	Fort Wayne	National avg.	Difference
Home Price	$121,600.00	$184,700.00	34.2%
Avg. Mortgage Payment	$1,635.69	$2,346.69	30.3%
Apartment Rent	$777.00	$949.00	18.1%

Transportation

Item	Fort Wayne	National avg.	Difference
Gasoline	$3.35	$3.46	3.2%
Tire Balancing	$59.65	$59.92	0.5%

Utilities

Item	Fort Wayne	National avg.	Difference
All Electricity	$197.87	$193.99	2.0%
Phone	$192.69	$192.25	0.2%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
St. Joe, IN	456	82	18.5%
Monroeville, IN	1,315	85	14.5%
Churubusco, IN	1,901	87	13.2%
Woodburn, IN	1,390	87	13.1%
Zanesville, IN	625	89	11.0%
Fort Wayne, IN	268,378	90	10.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Chula Vista, CA	268,779	156	56.1%
Irvine, CA	272,694	198	98.4%
St. Petersburg, FL	264,001	104	3.8%
Jersey City, NJ	262,652	143	43.4%
Toledo, OH	275,116	87	13.2%
Fort Wayne, IN	268,378	90	10.3%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Lakes Of Buckingham, Fort Wayne, IN