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Edgewood, IN vs Gas City, IN

87
Edgewood
Indiana
VS
+26.2%
69
Gas City
Indiana

There is a significant gap in the cost of living between these two cities. Gas City is 26.2% cheaper than Edgewood. With a cost index of 69 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gas City to Edgewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edgewood is $1,296/month compared to $858/month in Gas City — a 51% difference. Home values follow the same pattern: Gas City is more affordable at $122,800 median vs $173,800.

Median household income in Edgewood is $85,842 compared to $57,106 in Gas City (+50.3%). While Edgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edgewood spend roughly 18.1% of their income on rent, more than the 18% in Gas City.

Income & Cost

Cost of Living Index
Edgewood
87
Gas City
69
21% cheaper
Median Household Income
Edgewood
$85,842
33% higher
Gas City
$57,106

Housing

Median Rent
Edgewood
$1,296
Gas City
$858
34% cheaper
Median Home Value
Edgewood
$173,800
Gas City
$122,800
29% cheaper
Population
Edgewood
2,101
Gas City
6,097

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Edgewood $2.91
Gas City
US $3.07
🥚
Eggs (grade A, large)
Edgewood $2.37
Gas City
US $2.50
🥛
Milk (whole)
Edgewood $3.82
Gas City
US $4.03
🍞
Bread (white)
Edgewood $1.75
Gas City
US $1.85
🍗
Chicken breast
Edgewood $3.93
Gas City
US $4.14
Electricity
Edgewood $0.16
Gas City
US $0.19