City comparison
Fort Wayne, IN vs Richmond, VA
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Richmond, VA are 5.7% higher than in Fort Wayne, IN. Someone earning $100,000 in Fort Wayne, IN would need about $105,700 in Richmond, VA to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,507 a month in Richmond, VA versus $916 in Fort Wayne, IN. On $100,000, that's 24% of take-home pay in Richmond, VA and 14% in Fort Wayne, IN.
- On $100,000, estimated state income tax is about $2,015 a year higher in Richmond, VA than in Fort Wayne, IN.
- For federal employees, locality pay changes a GS-13 step 1 salary by +4.5% moving from Fort Wayne, IN to Richmond, VA ($106,437 → $111,183), while prices change by +5.7%. Net effect of the transfer: −1.2% in real buying power.
- Fort Wayne, IN: price level 92.6 (cheaper)
- Richmond, VA: price level 97.9 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Fort Wayne, IN | Richmond, VA | |
|---|---|---|
| Price level (U.S. = 100)2 | 92.6 | 97.9 |
| $100,000 is worth, in the other city2 | $105,710 in Richmond | $94,598 in Fort Wayne |
| Typical 1-bedroom rent3 | $916/mo | $1,507/mo |
| Take-home on $100,00014,15,8 | $76,260 | $74,244 |
| State income tax on $100,000 (estimate)8 | $2,921 (IN) | $4,936 (VA) |
| Rent burden on $100,000 | 14% | 24% |
| Median pay, all jobs4 | $47,700 | $51,460 |
| Federal locality pay area7 | Rest of U.S. | Richmond, VA |
Rent areas: Fort Wayne, IN HUD Metro FMR Area and Richmond, VA HUD Metro FMR Area. Metro areas: Fort Wayne, IN and Richmond, VA.
What costs more or less
| Price level (U.S. = 100) | Fort Wayne | Richmond |
|---|---|---|
| Housing (rent) | 72.3 | 99.1 |
| Goods | 94.3 | 96.8 |
| Utilities | 86.2 | 89.2 |
| Other services | 99.1 | 98.6 |
| Overall | 92.6 | 97.9 |
Moving with the same $100,000 salary
Fort Wayne, IN → Richmond, VA
Same pay buys less
Buying power −5.4%; rent takes 24% of take-home; state tax +$2,015/yr.
52 Fair offer
Richmond, VA → Fort Wayne, IN
Same pay goes further
Buying power +5.7%; rent takes 14% of take-home; state tax −$2,015/yr.
87 Strong offer
On the GS pay scale?
Fort Wayne, IN is in the Rest of U.S. pay area; Richmond, VA is in Richmond, VA. The last column shows what a transfer from Fort Wayne, IN to Richmond, VA at the same grade and step does to real buying power.
| Grade5,2 | Fort Wayne, IN | Richmond, VA | Real change, Fort Wayne → Richmond |
|---|---|---|---|
| GS-9 step 1 | $61,722 | $64,475 | −1.2% |
| GS-11 step 1 | $74,678 | $78,009 | −1.2% |
| GS-12 step 1 | $89,508 | $93,499 | −1.2% |
| GS-13 step 1 | $106,437 | $111,183 | −1.2% |
| GS-14 step 1 | $125,776 | $131,385 | −1.2% |
Pay for common jobs
| Median annual pay4 | Fort Wayne, IN | Richmond, VA | Richmond pay in Fort Wayne dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $59,800 | $61,290 | $57,979 (−3.0%) |
| Software Developers | $101,560 | $132,120 | $124,983 (+23.1%) |
| Accountants and Auditors | $75,250 | $84,220 | $79,671 (+5.9%) |
| Registered Nurses | $79,630 | $93,580 | $88,525 (+11.2%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.