Gas City, IN Cost Of Living
Cost Of Living In Gas City, IN Summary
Cost of living in Gas City research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Gas City is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Gas City is 77, with 100 being the average.
The cost of living index in Gas City is 0.8x lower than the national average.
Gas City ranks as the #10 cheapest in Indiana out of 124.
Gas City ranks as the #78 cheapest out of 6,412 in the US.
The median home value in Gas City is $100,900.
The median income in Gas City is $55,238.
Table Of Contents
Gas City's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Gas City, IN?
According to the most recent data on the cost of living, Gas City has an overall cost of living index of 77, which is 0.8x lower than the national index of 100.
Compared to Indiana, Gas City has a cost of living index that's 0.8x lower than Indiana's index of 91.
The standard of living in Gas City ranks as #10 most affordable out of the 124 places we measured in Indiana. By definition, that implies Gas City ranks as the #114 most expensive place in the Hoosier State.
For more reading on life in Gas City, check out:
- Living In Gas City
- Search Homes For Sale In Gas City, IN
In Indiana
In America
Gas City Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Gas City. Here is how it fairs on each of the criteria:
The Services index in Gas City is 87.
The Groceries index in Gas City is 87.
The Health index in Gas City is 101.
The Housing index in Gas City is 52.
The Transportation index in Gas City is 95.
The Utilities index in Gas City is 95.
| Living Expense | Gas City | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 77 | 91 | 100 | |
| Services | 87 | 94 | 100 | |
| Groceries | 87 | 96 | 100 | |
| Health | 101 | 101 | 100 | |
| Housing | 52 | 77 | 100 | |
| Transportation | 95 | 95 | 100 | |
| Utilities | 95 | 106 | 100 | |
Gas City, IN Housing Cost Breakdown
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Gas City is $100,900.
The Median Rent in Gas City is $810.
The Median Income in Gas City is $55,238.
The Home Value To Income in Gas City is 1.8x.
The Rent To Monthly Income in Gas City is 0.18x.
| Statistic | Gas City | Indiana | United States |
|---|---|---|---|
| Median Home Value | $100,900 | $158,500 | $244,900 |
| Median Rent | $810 | $891 | $1,163 |
| Median Income | $55,238 | $61,944 | $69,021 |
| Home Value To Income | 1.8x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Gas City, IN Costs By Category
Detailed Gas City Services Costs Vs. Indiana
Detailed Gas City Groceries Costs Vs. Indiana
Detailed Gas City Health Costs Vs. Indiana
Detailed Gas City Transportation Costs Vs. Indiana
Detailed Gas City Utilities Costs Vs. Indiana
Gas City SnackAbility
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