States › Indiana › Goshen

Is Goshen, IN expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,17733% lower than U.S. average
💵 Families earn per year (2026)$63,830about $5,319/month · 27% lower than U.S. average
🔑 House price$184,90044% lower than U.S. average

Rent is lower than in 77% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.9 minutes.

How much money do I need?

To rent here comfortably, you should earn about $47,080 a year. That is $23 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

Yes. Rent here is cheaper than in most of Indiana. It is number 63 of 132 cities from cheapest to most expensive.

Goshen
$1,177

How much do households earn in Goshen?

Under $25k
15.3%
$25k–50k
31.1%
$50k–100k
36.6%
$100k–150k
9.4%
$150k+
3.5%

Share of households by yearly income. 12.9% of households earn $100,000 or more.

Rent by apartment size in Goshen

SizeGoshenU.S. average
Studio$832$1,338
1 bedroom$839$1,324
2 bedrooms$1,233$1,509
3 bedrooms$1,435$1,698
4 bedrooms$1,820$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Goshen overall?

Everyday prices in the Elkhart-Goshen metro area are 10% below the U.S. average (index 90.3, U.S. = 100).

Housing
64
Goods (food, clothes…)
94
Utilities
86
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Goshen

🏛️ Property tax$1,782a year · 0.96% of home value · U.S. $3,119
⚡ Electric bill$168a month (typical) · U.S. $156

Life in Goshen

Commute to work18.9 minU.S.: 26.4 min
College degree23.7%U.S.: 35.7%
Own their home61.5%U.S.: 65.2%
Below poverty line17.1%U.S.: 12.5%
Unemployment4%U.S.: 5.2%

What jobs pay in Goshen

JobMedian payRent / pay
Pharmacist$143,7209.8%
Nurse Practitioner$127,19011.1%
Operations Manager$122,07011.6%
Software Developer$101,71013.9%
Civil Engineer$99,33014.2%
Computer Systems Analyst$96,68014.6%
Dental Hygienist$92,05015.3%
Registered Nurse$88,10016.0%
Accountant$77,42018.2%
Police Officer$73,37019.3%
Licensed Practical Nurse$65,86021.4%
Carpenter$65,52021.6%
Market Research Analyst$65,24021.6%
Plumber$64,73021.8%
Firefighter$63,76022.2%
Elementary School Teacher$59,93023.6%
HVAC Technician$59,59023.7%
Electrician$58,64024.1%
Truck Driver$58,10024.3%
Customer Service Representative$48,00029.4%
Medical Assistant$44,55031.7%
Warehouse Worker$40,82034.6%
Nursing Assistant$38,15037.0%
Restaurant Cook$33,77041.8%
Retail Salesperson$33,36042.3%
Cashier$29,56047.8%
Server (Waiter/Waitress)$28,06050.3%

Is it cheaper to rent or buy in Goshen?

Renting is cheaper right now: about $106 a month less.

Renting
$1,177
Owning
$1,283

Owning assumes a typical $184,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,490 for the down payment.

Frequently asked questions

What is the average rent in Goshen, IN?

Renting in Goshen costs a median of about $1,177 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Goshen?

To keep rent under 30% of income, you need about $47,080 a year, or $23 an hour at a full-time job.

Is Goshen cheap or expensive?

Goshen is rated OK: rent takes 22.1% of the typical household income of $63,830. It ranks 63rd cheapest of 132 Indiana cities we track.

How much are property taxes in Goshen?

The median homeowner in Goshen pays $1,782 a year in property taxes, about 0.96% of the median home value.

Is Goshen more expensive than the national average?

Overall prices in the metro area are 10% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Goshen?

The median home value in Goshen is $184,900, about 2.9 times the typical yearly household income.

34,420 people live in Goshen. Numbers are typical (middle) values.