Romans 6:23 — For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.
Death is a wage (earned) of sin, but life is a gift (unearned) of God.
through — should be "in"
In the midst of teaching that the believer is free from the law and consequently may live in holiness, the apostle shows the great contrast between the life which was ours by nature and that which is ours by grace. The wages of sin is death. Does this teach that hell is the fate of those who commit sin? I think not; in fact, I do not believe that such teaching occurs in the Bible. True, the Bible warns of eternal punishment and eternal separation of the unregenerate from God; but this separation is based on the nature of the unregenerate man, not on his acts of sin. The born-again believer is free from eternal punishement because Christ bore the guilt of his sin and Adamic nature. Just as good works do not save us, so bad works cannot damn us. — Donald Grey Barnhouse, God's Freedom, pg. 174-175