Cost of Living: Fort Wayne, IN vs Richardson, TX (2026)

Fort Wayne

Indiana
63
VS

Richardson

Texas
128

Fort Wayne is 51% cheaper than Richardson.

$959/mo ↓ 47%
Median Rent
$1,825/mo ↑ 90%
$60,293/yr ↓ 37%
Median Income
$96,257/yr ↑ 60%
$169,700 ↓ 58%
Home Value
$405,600 ↑ 139%
$950/mo ↓ 47%
Owner Costs
$1,796/mo ↑ 89%
266,235
Population
118,269

Tax Comparison

3.05%
Income Tax
0%
7.0%
State Sales Tax
6.25%
0.83%
Property Tax
1.6%

Affordability

19.1%
rent-to-income
Affordability
22.8%
rent-to-income

Detailed Comparison

When comparing Fort Wayne, IN and Richardson, TX, the overall cost of living indices are 63 and 128 respectively (national median = 100). Rent is $866/month cheaper in Fort Wayne, saving renters about $10,392/year.

Median household income is $35,964/year higher in Richardson. Home values also differ significantly — the median in Fort Wayne is $169,700 compared to $405,600 in Richardson.

Texas has no state income tax, giving Richardson residents a significant tax advantage over Indiana's 3.05% rate.

Frequently Asked Questions

Fort Wayne vs Richardson — common questions

Is Fort Wayne or Richardson cheaper to live in?
Based on our cost index, Fort Wayne is cheaper to live in with an index of 63 compared to 128 (US average = 100).
What is the rent difference between Fort Wayne and Richardson?
Median rent in Fort Wayne is $959/month and in Richardson it's $1,825/month — a difference of $866/month.
Which city has higher income, Fort Wayne or Richardson?
Median household income is $60,293 in Fort Wayne and $96,257 in Richardson. Median household income is $35,964/year higher in Richardson.
How do taxes compare between Indiana and Texas?
Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Fort Wayne or Richardson?
It depends on your priorities. Fort Wayne has a cost index of 63 with median rent of $959/mo, while Richardson has a cost index of 128 with rent of $1,825/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Fort Wayne details → View Richardson details →

More Comparisons

Other cost of living comparisons for Fort Wayne and Richardson

Fort Wayne vs. Toledo Fort Wayne vs. Lubbock Fort Wayne vs. Reno Fort Wayne vs. St. Petersburg Fort Wayne vs. North Las Vegas Fort Wayne vs. Laredo Richardson vs. Billings Richardson vs. Cambridge Richardson vs. Wilmington Richardson vs. North Charleston Richardson vs. Spring Hill Richardson vs. Clearwater