What is the cost of living in Goshen, IN?
According to the most recent data on the cost of living, Goshen has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Indiana, Goshen has a cost of living index that's 1.0x lower than Indiana's index of 90.
The standard of living in Goshen ranks as #54 most affordable out of the 129 places we measured in Indiana. By definition, that implies Goshen ranks as the #75 most expensive place in the Hoosier State.
For more reading on life in Goshen, check out:
Goshen Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Goshen. Here is how it fares on each of the criteria:
The Services index in Goshen is 98.
The Groceries index in Goshen is 96.
The Health index in Goshen is 77.
The Housing index in Goshen is 93.
The Transportation index in Goshen is 98.
The Utilities index in Goshen is 93.
| Living Expense | Goshen | Indiana | National Average |
|---|---|---|---|
| Overall | 88 | 90 | 100 |
| Services | 98 | 97 | 100 |
| Groceries | 96 | 95 | 100 |
| Health | 77 | 72 | 100 |
| Housing | 93 | 98 | 100 |
| Transportation | 98 | 94 | 100 |
| Utilities | 93 | 96 | 100 |
Goshen Cost Of Living Compared To Indiana Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Indiana, check out:
Protect your home budget Compare home warranties in Goshen Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Goshen, IN Housing Cost Breakdown
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Goshen is $275,119.
The Median Rent in Goshen is $1,093.
The Median Income in Goshen is $59,184.
The Home Value To Income in Goshen is 4.6x.
The Rent To Monthly Income in Goshen is 0.22x.
Goshen, IN Costs By Category
Detailed Goshen Services costs vs. Indiana
Detailed Goshen Groceries costs vs. Indiana
Detailed Goshen Health costs vs. Indiana
Detailed Goshen Transportation costs vs. Indiana
Goshen SnackAbility
Cost Of Living In Cities Around Goshen
The cost of living varies in the cities and towns around Goshen. Here's a quick look at the cost of living in the most populous nearby places:
Elkhart, IN has a cost of living index of 84, 1.0x Goshen.
Mishawaka, IN has a cost of living index of 85, 1.0x Goshen.
Granger, IN has a cost of living index of 106, 1.2x Goshen.
| City | Population | Cost Of Living | Vs. Goshen |
|---|---|---|---|
| Elkhart, IN | 53,733 | 84 | 1.0x |
| Mishawaka, IN | 51,021 | 85 | 1.0x |
| Granger, IN | 30,321 | 106 | 1.2x |
| Nappanee, IN | 6,815 | 89 | 1.0x |
| Dunlap, IN | 6,109 | 93 | 1.1x |
