We study the phase structure of the abelian Higgs model in three dimen
sions based on perturbation theory and a set of gauge independent gap
equations for Higgs boson and vector boson masses. Contrary to the non
-abelian Higgs model, the vector boson mass vanishes in the symmetric
phase. In the Higgs phase the gap equations yield masses consistent wi
th perturbation theory. The phase transition is first-order for small
values of the scalar self-coupling lambda, where the employed loop exp
ansion is applicable.