Cost of Living in Goshen, IN
Population 34,374 · Indiana · Data vintage 2023
(100 = US avg)
The Goshen cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $175,000, rents near $1,045 a month.
Geographically, Goshen sits roughly 25 miles east of South Bend. Median home values run roughly 41% higher than South Bend's $125,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Goshen
The median home value in Goshen is $175,200 — 43% below the national median of $305,000. Median rent runs $1,045/month, 20% lower than the national median of $1,314/month. The median household income of $55,436/year is 26% lower than the US median of $74,580. The local unemployment rate is 4.4%, below the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. Overall, Goshen has a cost of living index of 66 versus the US average of 100, meaning it is 34% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Goshen, IN?
Goshen has a cost index of 66 (100 = national average). It is 34% below the national average.
What is average rent in Goshen, IN?
The median gross rent in Goshen is $1,045 per month based on 2023 Census data.
What is the average home price in Goshen?
The median home value in Goshen is $175,200 according to Zillow and Census data.
What is the median income in Goshen?
The median household income in Goshen is $55,436 per year (2023 ACS 5-year estimates).
What is the sales tax in Goshen, IN?
The combined state and local sales tax rate in Goshen is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Goshen, IN affordable?
Yes, Goshen is generally considered affordable, with a cost of living index of 66 — about 34% below the US national average of 100.
Goshen at a Glance
- Population
- 34,374
- Median Income
- $55,436
- Home Value
- $175,200
- Median Rent
- $1,045/mo
- Unemployment
- 4.4%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
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