Gas City, IN vs New Castle, IN

New Castle is moderately more affordable than Gas City, with a 6.4% lower cost of living index. Gas City scores 69 compared to 65 for New Castle, where the US average is 100. This difference means residents of Gas City 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 $797/month in New Castle — a 8% difference. Home values follow the same pattern: New Castle is more affordable at $95,100 median vs $122,800.

Median household income in Gas City is $57,106 compared to $48,977 in New Castle (+16.6%). 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 19.5% in New Castle.