Cost of Living in Goshen, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
177.1
100 = national avg
+77.1 vs national average
Living Wage (1 Adult)
$77,921
per year
Living Wage (Family of 4)
$184,176
per year
Cost Index by Category
Housing222.7
Food135.6
Transportation171.2
Healthcare128.5
Utilities145.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,366
per month
2 Bedroom
$1,792
per month
The overall cost of living index in Goshen is 177.1, which is 77.1% above the national average. Housing costs are above the national average at an index of 222.7. A single adult needs to earn approximately $77,921 per year to cover basic expenses.