Cost of Living in Goshen, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
94.4
100 = national avg
-5.6 vs national average
Living Wage (1 Adult)
$41,537
per year
Living Wage (Family of 4)
$98,178
per year
Cost Index by Category
Housing103.2
Food92.4
Transportation84.7
Healthcare93.9
Utilities96.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$992
per month
2 Bedroom
$1,183
per month
The overall cost of living index in Goshen is 94.4, which is 5.6% below the national average. Housing costs are above the national average at an index of 103.2. A single adult needs to earn approximately $41,537 per year to cover basic expenses.