New Goshen cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexNew GoshenIndianaNational
Cost of living index8889100
IndexNew GoshenIndianaNational
Goods & Services index10098100
Groceries index9594100
Health care index9693100
Housing index6172100
Transportation index9796100
Utilities index11394100
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Did you know?

  • The cost of living in New Goshen is 1% lower than the Indiana average.
  • The cost of living in New Goshen is 12% lower than the national average.
  • The cost of housing in New Goshen is 39% lower than the national average.
  • Indiana general sales tax is 37% higher than the national average.
  • Indiana state income tax is 48% higher than the national average.

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Compare New Goshen, IN Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$63,750$5,313$1,487$1,913
Renters$0$0$0$0

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Indiana7%7%

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Indiana3.3%3.3%

Goods & Services

ItemNew GoshenNational avg.Difference
Haircut $10.44$16.0935.1%
Beauty Salon $27.50$37.3326.3%
Toothpaste $2.42$2.451.0%
Shampoo $0.93$1.006.7%
Movie $6.99$10.2832.0%
Bowling $4.13$4.9316.3%

Groceries

ItemNew GoshenNational avg.Difference
Ground Beef $3.26$3.8014.2%
Fried Chicken $1.35$1.403.6%
Milk $1.11$2.0144.7%
Potatoes $2.31$3.0123.4%
Pizza $10.16$9.892.7%
Beer $8.34$8.906.3%

Health Care

ItemNew GoshenNational avg.Difference
Optometrist $107.78$102.165.5%
Doctor $105.44$108.362.7%
Dentist $84.78$92.538.4%
Ibuprofen $8.66$9.286.6%
Lipitor $429.83$425.820.9%

Housing

ItemNew GoshenNational avg.Difference
Home Price $112,500.00$184,700.0039.1%
Avg. Mortgage Payment $812.19$1,202.4432.5%
Apartment Rent $0.00$949.00100.0%

Transportation

ItemNew GoshenNational avg.Difference
Gasoline $2.31$2.242.9%
Tire Balancing $39.56$46.2914.5%

Utilities

ItemNew GoshenNational avg.Difference
All Electricity$171.55$165.963.4%
Phone $35.66$28.6824.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Shepardsville, IN2371000%
Blanford, IN2941000%
Dresser, IN361000%
Toad Hop, IN601000%
Mecca, IN38781-19%
New Goshen, IN43488-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hayesville, OH43483-17%
Portland, AR43480-20%
Clarkedale, AR43494-6%
Stanton, TN43482-18%
Kistler, WV43473-27%
New Goshen, IN43488-12%
Source: The New Goshen, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.