CostIndexUSA

Fort Wayne, IN vs Jonesboro, AR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IN
Fort Wayne
92.6
overall index
$1,150/mo rent
More AffordableAR
Jonesboro
85.9
overall index
$1,325/mo rent

Jonesboro is moderately cheaper than Fort Wayne — 7.2% lower overall cost of living.

To match an $80,000 salary in Fort Wayne, you would need $74,200 in Jonesboro. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing25.6%
Fort Wayne
72.3
Jonesboro
53.8
🛒 Groceries0.7%
Fort Wayne
94.3
Jonesboro
93.6
🚗 Transportation3.8%
Fort Wayne
104.1
Jonesboro
100.1
🏥 Healthcare3.9%
Fort Wayne
94.2
Jonesboro
90.5
Utilities13.0%
Fort Wayne
86.2
Jonesboro
75

Salary Equivalency Calculator

Enter your current salary in Fort Wayne to see what you'd need to earn in Jonesboro to maintain the same purchasing power.

$
Equivalent salary in Jonesboro, AR
$74,200
$5,800 less needed in Jonesboro

Formula: salary × (85.9 ÷ 92.6) = salary × 0.9276. Based on BEA Regional Price Parities.

Housing Market

Fort Wayne, IN

Median Home Price
$245,000
Median Monthly Rent
$1,150
Housing Index
72.3
Price-to-Rent Ratio
17.8×

Jonesboro, AR

Median Home Price
$196,000
Median Monthly Rent
$1,325
Housing Index
53.8
Price-to-Rent Ratio
12.3×

Fort Wayne has 25.6% lower housing costs compared to Jonesboro.

Income & Job Market

Fort Wayne, IN

Median Household Income
$66,300
Per Capita Income
$37,800
Unemployment Rate
4%
Population
270,402
Top Industries
HealthcareManufacturingFinanceRetailGovernment

Jonesboro, AR

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
77,678
Top Industries
HealthcareEducationManufacturingRetailAgriculture

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Fort Wayne, IN
4.8×income-to-rent ratio

79% of income left after rent (median)

Jonesboro, AR
3.7×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.