Here's what it costs to live in Gary, Indiana, based on the latest US government data. Renters pay a median of $975 per month, while the typical home is valued around $85,300. Households earn a median of $37,380 per year, so rent absorbs a relatively high share of local income. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$37,380
Annual · Census ACS
Median Gross Rent
$975
Per month · Census ACS
Median Home Value
$85,300
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$959
HUD Fair Market Rent
1BR Fair Market Rent
$1,082
HUD FMR
2BR Fair Market Rent
$1,317
HUD FMR
3BR Fair Market Rent
$1,612
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
3.05%
Top marginal rate
State Sales Tax
7.00%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
68,604
Latest estimate
Median Age
36.4 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Gary?
The cost of living index for Gary is not yet available in our database.
What is the median rent in Gary?
The median gross rent in Gary is $975 per month according to US Census ACS data.
What is the median household income in Gary?
The median household income in Gary is $37,380 per year.
What is the median home value in Gary?
The median home value in Gary is $85,300 based on the latest Census ACS survey.
How is the air quality in Gary?
Air quality data for Gary is not yet available.
What are the taxes like in Gary?
Indiana has a top state income tax rate of 3.05% and a statewide sales tax of 7.00% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology