Indiana · Census, HUD and BEA figures · Updated

Cost of Living in Allen County, IN

Prices around Allen County, IN run 7.4% below the U.S. average (BEA, the metro area). The typical household there earns $70,737 a year, and HUD puts a two-bedroom at $1,113 a month. Keeping that rent under 30% of income takes about $44,520 a year.

Allen County, IN at a glance

Median household income

$70,737$5,895 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,113HUD FY2026 Fair Market Rent
Price level (U.S. = 100)92.6-7.4% · BEA, the metro area
Electricity17.5¢per kWh · EIA Residential IN
Population392,378Census ACS 5-year estimate

How much rent can you afford in Allen County, IN?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,113Monthly market rent
Share of gross income18.9%Recommended max: 30%
Annual income needed$44,520To meet the 30% standard
Max affordable rent$1,768At 30% of $70,737
0%30% (Affordability standard)100%
Compare against:

How much is rent in Allen County, IN? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Fort Wayne, IN HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Allen County, IN, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$892$10,704$35,68015.1%
1-Bedroom Apartment$916$10,992$36,64015.5%
2-Bedroom ApartmentBenchmark$1,113$13,356$44,52018.9%
3-Bedroom Home$1,381$16,572$55,24023.4%
4-Bedroom Home$1,512$18,144$60,48025.6%

Rent in Allen County, IN, with the wage each unit needs →

What a typical income covers in Allen County, IN

The 50/30/20 rule applied to the local median of $70,737 a year ($5,895 a month before tax).

Needs (50%)$2,947/moRent ($1,113 2-BR), utilities (~$158/mo), groceries, transit
Wants (30%)$1,768/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,179/moEmergency fund, retirement, paying down loans

What $70,737 leaves after Indiana taxes

Federal income tax, Social Security, Medicare and Indiana tax on the local median income. Change the salary to see yours.

$70,737
$25,000$145,000
Filing status:
Gross salary breakdown$70,737
Net 80%
Fed 10%
IN 3%
FICA 8%
Annual take-home$56,536After all taxes
Monthly deposit$4,711Estimated per month
Biweekly paycheck$2,174Every 2 weeks (26/yr)
Effective tax rate20.1%Total tax burden
Federal income tax$6,732 / yr
Indiana state income tax$2,057 / yr
FICA (Social Security & Medicare)$5,411 / yr

Living in Allen County, IN: common questions

What is the median household income in Allen County, IN?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Allen County, IN is $70,737 per year (approximately $5,895 per month).

What is the average rent in Allen County, IN?

The closest official figure is HUD's Fair Market Rent for 2026: $892 for a studio, $916 for one bedroom, $1,113 for two, $1,381 for three and $1,512 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Allen County, IN expensive to live in?

Prices there run 7.4% below the U.S. average. BEA's regional price parity for the metro area is 92.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Allen County, IN?

To keep a $1,113 two-bedroom under 30% of gross income, a household needs about $44,520 a year, or $3,710 a month. That is 63% of what the typical household in Allen County, IN earns.

How much do you need to live comfortably in Allen County, IN?

On the local median income of $70,737 ($5,895 a month before tax), the 50/30/20 rule leaves $2,947 a month for needs like rent, utilities and groceries, $1,768 for everything else and $1,179 for savings or debt. A two-bedroom at $1,113 takes 38% of the needs share.

How much is the electric bill in Allen County, IN?

Homes in Indiana paid 17.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $158. Your bill depends mostly on heating and cooling.