Gaston, IN vs Somerset, IN

There is a significant gap in the cost of living between these two cities. Gaston is 16.9% cheaper than Somerset. With a cost index of 63 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gaston to Somerset should plan for substantially higher expenses across most categories.

Renters will find that Gaston has a median rent of $819/month while Somerset comes in at $603/month, a 36% difference.

Median household income in Gaston is $49,417 compared to $105,272 in Somerset (-53.1%). While Somerset is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gaston spend roughly 19.9% of their income on rent, more than the 6.9% in Somerset.