Zip 46526 (Goshen, IN) Cost of Living


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How much do I need to live in Goshen, Indiana?
$3,630 / month
for a family, 32.8% less expensive than the national average A total of $43,560 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 for the year for a single person.

Goshen cost of living score
82.6
Less expensive
17.4% lower
than the US average
1.3% lower
than the Indiana average
Goshen (zip 46526), Indiana gets a BestPlaces Cost of Living score of 82.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.4% lower than the U.S. average and 1.3% higher than the average for Indiana.

Zip 46526 (Goshen, IN)

Housing costs in Goshen?
A typical home costs $228,000, which is 32.6% less expensive than the national average of $338,100 and 2.9% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Goshen costs $1,000 per month, which is 30.1% cheaper than the national average of $1,430 and 2.0% more than the state average of $980.

Can I afford Goshen?
To live comfortably in Goshen (zip 46526), Indiana, a minimum annual income of $43,560 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Goshen?
The cost of living in 46526 Goshen, IN is relatively low compared to the national average. The median home cost in Goshen is $126,800, which is 13% lower than the U.S. average. Additionally, groceries and utilities are much less expensive than elsewhere in the country with an overall index of 90.9 compared to the U.S.'s 100. Renters in 46526 pay on average $698 per month for a one-bedroom apartment and $892 for two bedrooms, which is slightly lower than the Indiana state average but significantly less than other areas such as New York City or San Francisco. All in all, cost of living in 46526 Goshen, IN is quite affordable and provides a great opportunity for those looking to settle down without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGoshenIndianaUnited States
    Unlock83.7100.0
  93.6  Unlock100.0
    Unlock94.4100.0
  68.2  Unlock100.0
    Unlock$221,600$338,100
  88.6  Unlock100.0
    Unlock85.4100.0
  88.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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