Cost of Living in Goodland, IN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

74.8

100 = national avg

-25.2 vs national average

Living Wage (1 Adult)

$32,890

per year

Living Wage (Family of 4)

$77,740

per year

Cost Index by Category

Housing
48.3
Food
93.1
Transportation
86.3
Healthcare
94.5
Utilities
85.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,082

per month

2 Bedroom

$1,317

per month

The overall cost of living index in Goodland is 74.8, which is 25.2% below the national average. Housing costs are below the national average at an index of 48.3. A single adult needs to earn approximately $32,890 per year to cover basic expenses.