Housing costs in Goshen?
A typical home costs
$247,300, which is 26.9% less expensive than the national average of
$338,100 and 11.6% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Goshen costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Goshen?
To live comfortably in Goshen, Indiana, a minimum annual income of
$47,520 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Goshen?
Goshen, IN is a great city to live in for those on a budget. The cost of living is very reasonable compared to other cities. Groceries, basic necessities and services are all quite affordable, helping residents stretch every dollar. Housing costs are also quite reasonable for both renting and buying. Rental prices range from around $500 for a one bedroom apartment to up to $1400+ for larger three-bedroom apartments or homes. Buying options can vary significantly depending on location, but can be found starting at around $125,000 for starter homes and up to $400,000+ for luxury homes. Overall, the cost of living in Goshen is quite low and allows people to enjoy all the city has to offer without breaking the bank.