Gas City, IN vs Knightstown, IN

Gas City, IN and Knightstown, IN have a very similar cost of living, with only a 2.6% difference in their overall index. Gas City scores 69 while Knightstown scores 67 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Gas City is $858/month compared to $805/month in Knightstown — a 7% difference. Home values follow the same pattern: Knightstown is more affordable at $121,500 median vs $122,800.

Median household income in Gas City is $57,106 compared to $44,655 in Knightstown (+27.9%). While Gas City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gas City spend roughly 18% of their income on rent, less than the 21.6% in Knightstown.