Cost of Living in Gas City, IN
Population 6,097 · Indiana · Data vintage 2023
(100 = US avg)
Gas City sits on the smaller end of the Indiana city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 7.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Geographically, Gas City is about 40 miles northeast of Fishers, the nearest large metro. Median home values run roughly 67% lower than Fishers' $370,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Gas City
The median home value in Gas City is $122,800 — 60% below the national median of $305,000. Median rent runs $858/month, 35% lower than the national median of $1,314/month. The median household income of $57,106/year is 23% lower than the US median of $74,580. The local unemployment rate is 7.2%, above the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. Overall, Gas City has a cost of living index of 50 versus the US average of 100, meaning it is 50% less expensive.
Gas City has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Gas City, IN?
Gas City has a cost index of 50 (100 = national average). It is 50% below the national average.
What is average rent in Gas City, IN?
The median gross rent in Gas City is $858 per month based on 2023 Census data.
What is the average home price in Gas City?
The median home value in Gas City is $122,800 according to Zillow and Census data.
What is the median income in Gas City?
The median household income in Gas City is $57,106 per year (2023 ACS 5-year estimates).
What is the sales tax in Gas City, IN?
The combined state and local sales tax rate in Gas City is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Gas City, IN affordable?
Yes, Gas City is generally considered affordable, with a cost of living index of 50 — about 50% below the US national average of 100.
Gas City at a Glance
- Population
- 6,097
- Median Income
- $57,106
- Home Value
- $122,800
- Median Rent
- $858/mo
- Unemployment
- 7.2%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
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