Zip 47342 (Gaston, IN) Cost of Living


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United States / Indiana / Muncie Metro Area / Delaware County / No City / Gaston (zip 47342)
How much do I need to live in Gaston, Indiana?
$2,730 / month
for a family, 49.4% less expensive than the national average A total of $32,760 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Gaston cost of living score
73.3
Less expensive
26.7% lower
than the US average
12.4% lower
than the Indiana average
Gaston (zip 47342), Indiana gets a BestPlaces Cost of Living score of 73.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.7% lower than the U.S. average and 12.4% higher than the average for Indiana.

Zip 47342 (Gaston, IN)

Housing costs in Gaston?
A typical home costs $170,200, which is 49.7% less expensive than the national average of $338,100 and 23.2% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Gaston costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 21.0% cheaper than the state average of $980.

Can I afford Gaston?
To live comfortably in Gaston (zip 47342), Indiana, a minimum annual income of $32,760 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Gaston?
Living in 47342 Gaston, IN is surprisingly affordable. The median home value is only $95,097, which is substantially lower than the national average. The cost of living index for this area is also 14 percent lower than the state and national averages. Utility costs are also quite low, with electricity rates at 8.71 cents per kilowatt-hour (kWh) and natural gas prices at an average of $11.10 per thousand cubic feet (Mcf). Additionally, food prices are relatively inexpensive and well below the national average. With all these facts considered, it’s easy to see why 47342 Gaston make a great place to call home for those on a budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGastonIndianaUnited States
    Unlock83.7100.0
  91.7  Unlock100.0
    Unlock94.4100.0
  48.1  Unlock100.0
    Unlock$221,600$338,100
  90.8  Unlock100.0
    Unlock85.4100.0
  100.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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