Zip 47948 (Goodland, IN) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Goodland, Indiana?
$2,040 / month
for a family, 62.2% less expensive than the national average A total of $24,480 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Goodland cost of living score
87.3
Less expensive
12.7% lower
than the US average
4.3% higher
than the Indiana average
Goodland (zip 47948), Indiana gets a BestPlaces Cost of Living score of 87.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.7% lower than the U.S. average and 4.3% lower than the average for Indiana.

Zip 47948 (Goodland, IN)

Housing costs in Goodland?
A typical home costs $128,700, which is 61.9% less expensive than the national average of $338,100 and 41.9% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Goodland costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 19.5% cheaper than the state average of $980.

Can I afford Goodland?
To live comfortably in Goodland (zip 47948), Indiana, a minimum annual income of $24,480 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Goodland?
The cost of living in 47948 Goodland, IN is relatively low compared to other parts of the country. According to BestPlaces, the cost of living index in Goodland is 27.15% lower than the US average. The prices for groceries, healthcare, transportation, and housing are all below the national average as well. In addition to being moderately priced, Goodland also offers a variety of amenities and entertainment options that make it an attractive place to live. With access to a public library and several parks and recreational areas nearby, residents can enjoy a range of activities without spending excessively on entertainment or travel costs.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGoodlandIndianaUnited States
    Unlock83.7100.0
  89.7  Unlock100.0
    Unlock94.4100.0
  31.3  Unlock100.0
    Unlock$221,600$338,100
  103.6  Unlock100.0
    Unlock85.4100.0
  93.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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