Edgewood, IN vs Gas City, IN
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.
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