Despite having fewer than 500,000 residents, Fort Wayne enjoys a housing affordability advantage over all but four of the 150 most populated metro regions in the country.
The main justification is that housing expenses are 29% lower than the national average, as measured by the Cost of Living Index, which accounts for property prices and rents.
Housing costs typically account for 20.55% of residents' household incomes. Nonetheless, Beaumont shrinks as more people leave the area than they move in.