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Goshen, KY vs Wayland, KY

121
Goshen
Kentucky
VS
+84%
66
Wayland
Kentucky

The cost of living difference between Goshen, KY and Wayland, KY is dramatic. Wayland is 84% cheaper than Goshen, a gap that translates to thousands of dollars per year in household expenses. Goshen has a cost index of 121 while Wayland sits at 66, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Goshen is $2,148/month compared to $1,047/month in Wayland — a 105% difference. Home values follow the same pattern: Wayland is more affordable at $21,800 median vs $281,000.

Median household income in Goshen is $96,429 compared to $31,042 in Wayland (+210.6%). While Goshen is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Goshen spend roughly 26.7% of their income on rent, less than the 40.5% in Wayland. The Goshen ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Goshen
121
Wayland
66
46% cheaper
Median Household Income
Goshen
$96,429
68% higher
Wayland
$31,042

Housing

Median Rent
Goshen
$2,148
Wayland
$1,047
51% cheaper
Median Home Value
Goshen
$281,000
Wayland
$21,800
92% cheaper
Population
Goshen
1,004
Wayland
360

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Goshen $2.89
Wayland
US $3.07
🥚
Eggs (grade A, large)
Goshen $2.36
Wayland
US $2.50
🥛
Milk (whole)
Goshen $3.80
Wayland
US $4.03
🍞
Bread (white)
Goshen $1.75
Wayland
US $1.85
🍗
Chicken breast
Goshen $3.91
Wayland
US $4.14
Electricity
Goshen $0.15
Wayland
US $0.19