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Goshen, IN vs Speedway, IN

78
Goshen
Indiana
VS
-6.9%
84
Speedway
Indiana

Goshen is moderately more affordable than Speedway, with a 6.9% lower cost of living index. Goshen scores 78 compared to 84 for Speedway, where the US average is 100. This difference means residents of Speedway can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Goshen is $1,045/month compared to $1,120/month in Speedway — a 7% difference. Home values follow the same pattern: Goshen is more affordable at $175,200 median vs $209,400.

Median household income in Goshen is $55,436 compared to $57,158 in Speedway (-3%). Speedway does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Goshen spend roughly 22.6% of their income on rent, less than the 23.5% in Speedway.

Income & Cost

Cost of Living Index
Goshen
78
7% cheaper
Speedway
84
Median Household Income
Goshen
$55,436
Speedway
$57,158
3% higher

Housing

Median Rent
Goshen
$1,045
7% cheaper
Speedway
$1,120
Median Home Value
Goshen
$175,200
16% cheaper
Speedway
$209,400
Population
Goshen
34,374
Speedway
13,622

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Goshen $2.91
Speedway $2.91
US $3.07
🥚
Eggs (grade A, large)
Goshen $2.37
Speedway $2.37
US $2.50
🥛
Milk (whole)
Goshen $3.82
Speedway $3.82
US $4.03
🍞
Bread (white)
Goshen $1.75
Speedway $1.75
US $1.85
🍗
Chicken breast
Goshen $3.93
Speedway $3.93
US $4.14
Electricity
Goshen $0.16
Speedway $0.16
US $0.19