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Goshen, IN vs Warsaw, IN

78
Goshen
Indiana
VS
+0.1%
78
Warsaw
Indiana

Goshen, IN and Warsaw, IN have a very similar cost of living, with only a 0.1% difference in their overall index. Goshen scores 78 while Warsaw scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Goshen is $1,045/month compared to $1,035/month in Warsaw — a 1% difference. Interestingly, home values tell a different story: while Warsaw has cheaper rent, Goshen actually has lower median home values ($175,200 vs $175,300).

Median household income in Goshen is $55,436 compared to $57,170 in Warsaw (-3%). Warsaw offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Goshen spend roughly 22.6% of their income on rent, more than the 21.7% in Warsaw.

Income & Cost

Cost of Living Index
Goshen
78
Warsaw
78
Median Household Income
Goshen
$55,436
Warsaw
$57,170
3% higher

Housing

Median Rent
Goshen
$1,045
Warsaw
$1,035
1% cheaper
Median Home Value
Goshen
$175,200
Warsaw
$175,300
Population
Goshen
34,374
Warsaw
16,592

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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