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Gas City, IN vs Lebanon, IN

69
Gas City
Indiana
VS
-8.5%
75
Lebanon
Indiana

Gas City is moderately more affordable than Lebanon, with a 8.5% lower cost of living index. Gas City scores 69 compared to 75 for Lebanon, where the US average is 100. This difference means residents of Lebanon can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gas City is $858/month compared to $900/month in Lebanon — a 5% difference. Home values follow the same pattern: Gas City is more affordable at $122,800 median vs $179,200.

Median household income in Gas City is $57,106 compared to $63,773 in Lebanon (-10.5%). While Lebanon 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, more than the 16.9% in Lebanon.

Income & Cost

Cost of Living Index
Gas City
69
9% cheaper
Lebanon
75
Median Household Income
Gas City
$57,106
Lebanon
$63,773
10% higher

Housing

Median Rent
Gas City
$858
5% cheaper
Lebanon
$900
Median Home Value
Gas City
$122,800
31% cheaper
Lebanon
$179,200
Population
Gas City
6,097
Lebanon
17,575

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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