States › Indiana › Gas City

Is Gas City, IN expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$99643% lower than U.S. average
💵 Families earn per year (2026)$60,377about $5,031/month · 31% lower than U.S. average
🔑 House price$119,30064% lower than U.S. average

Rent is lower than in 88% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $39,840 a year. That is $19 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

Yes. Rent here is cheaper than in most of Indiana. It is number 33 of 132 cities from cheapest to most expensive.

Gas City
$996
Dunlap
$1,406
Rushville
$806
Rochester
$959
Cumberland
$1,280
Hartford City
$1,399
Huntingburg
$1,043

How much do households earn in Gas City?

Under $25k
22.4%
$25k–50k
27.2%
$50k–100k
31.7%
$100k–150k
10.3%
$150k+
4.4%

Share of households by yearly income. 14.7% of households earn $100,000 or more.

Rent by apartment size in Gas City

SizeGas CityU.S. average
1 bedroom$702$1,324
2 bedrooms$753$1,509
3 bedrooms$1,285$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Gas City overall?

Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
86
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Gas City, so the Indiana figure is shown.

Taxes and bills in Gas City

🏛️ Property tax$863a year · 0.72% of home value · U.S. $3,119
⚡ Electric bill$182a month (typical) · U.S. $156

Life in Gas City

Commute to work24.3 minU.S.: 26.4 min
College degree15.1%U.S.: 35.7%
Own their home71.6%U.S.: 65.2%
Below poverty line16.8%U.S.: 12.5%
Unemployment2%U.S.: 5.2%

Is it cheaper to rent or buy in Gas City?

Buying is cheaper month to month: about $168 a month less than renting.

Renting
$996
Owning
$828

Owning assumes a typical $119,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,930 for the down payment.

Frequently asked questions

What is the average rent in Gas City, IN?

Renting in Gas City costs a median of about $996 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Gas City?

To keep rent under 30% of income, you need about $39,840 a year, or $19 an hour at a full-time job.

Is Gas City cheap or expensive?

Gas City is rated Cheap: rent takes 19.8% of the typical household income of $60,377. It ranks 33rd cheapest of 132 Indiana cities we track.

How much are property taxes in Gas City?

The median homeowner in Gas City pays $863 a year in property taxes, about 0.72% of the median home value.

Is Gas City more expensive than the national average?

Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Gas City?

The median home value in Gas City is $119,300, about 2.0 times the typical yearly household income.

6,076 people live in Gas City. Numbers are typical (middle) values.