$40K in Waco = $39,036 in Fort Wayne
Your $40K salary in Waco (COL 83) has the same purchasing power as $39,036 in Fort Wayne (COL 81). Fort Wayne is cheaper — your money goes 2% further there.
Budget breakdown — $40K in both cities
What $40K actually buys you in each city after taxes and core expenses.
| Expense | Waco $40K | Fort Wayne $40K (same salary) |
|---|---|---|
| Monthly take-home | $2,728 | $2,622 |
| 1BR rent | $1,000 | $1,000 |
| Groceries | $350 | $353 |
| Transport | $38 | $42 |
| Utilities | $172 | $155 |
| Internet | $60 | $58 |
| Left after essentials | $1,108/month | $1,014/month |
Frequently asked questions
What is $40K in Waco equivalent to in Fort Wayne?
$40K in Waco (COL index 83) has the same purchasing power as $39,036 in Fort Wayne (COL index 81). That's 2% less than your current salary.
If I move from Waco to Fort Wayne keeping my $40K salary, will I be better off?
Yes. If you keep earning $40K after moving to Fort Wayne, you'd have $-94 more per month after core expenses — because Fort Wayne is cheaper than Waco.
How is the salary equivalent calculated?
The equivalent salary is calculated by multiplying your current salary by the ratio of the two cities' overall cost of living indices: $40K × (81 ÷ 83) = $39,036. This adjusts for differences in housing, food, transport, and general cost of living.
Other salary amounts — Waco to Fort Wayne
Equivalency uses overall COL index ratio. Take-home uses simplified federal/state brackets. Zillow · BLS · Numbeo · Q1 2026 · For general guidance only