Cost of Living in Gary, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.6
100 = national avg
-21.4 vs national average
Living Wage (1 Adult)
$34,593
per year
Living Wage (Family of 4)
$81,766
per year
Cost Index by Category
Housing80.4
Food78.6
Transportation90.2
Healthcare82.9
Utilities83.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,082
per month
2 Bedroom
$1,317
per month
The overall cost of living index in Gary is 78.6, which is 21.4% below the national average. Housing costs are below the national average at an index of 80.4. A single adult needs to earn approximately $34,593 per year to cover basic expenses.