Cost of living in Goshen research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Goshen is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Goshen is 120, with 100 being the average.
The cost of living index in Goshen is 1.2x higher than the national average.
Goshen ranks as the #122 cheapest in New York out of 340.
Goshen ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Goshen is $299,600.
The median income in Goshen is $66,746.
According to the most recent data on the cost of living, Goshen has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to New York, Goshen has a cost of living index that's 1.0x lower than New York's index of 126.
The standard of living in Goshen ranks as #122 most affordable out of the 340 places we measured in New York. By definition, that implies Goshen ranks as the #218 most expensive place in the Empire State.
For more reading on life in Goshen, check out:
Six factors go into calculating the cost of living index in Goshen. Here is how it fairs on each of the criteria:
The Services index in Goshen is 104.
The Groceries index in Goshen is 113.
The Health index in Goshen is 101.
The Housing index in Goshen is 152.
The Transportation index in Goshen is 111.
The Utilities index in Goshen is 91.
Living Expense | Goshen | New York | National Average | |
---|---|---|---|---|
Overall | 120 | 126 | 100 | |
Services | 104 | 110 | 100 | |
Groceries | 113 | 104 | 100 | |
Health | 101 | 105 | 100 | |
Housing | 152 | 175 | 100 | |
Transportation | 111 | 107 | 100 | |
Utilities | 91 | 102 | 100 |
Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Goshen is $299,600.
The Median Rent in Goshen is $1,339.
The Median Income in Goshen is $66,746.
The Home Value To Income in Goshen is 4.5x.
The Rent To Monthly Income in Goshen is 0.24x.
Statistic | Goshen | New York | United States |
---|---|---|---|
Median Home Value | $299,600 | $340,600 | $244,900 |
Median Rent | $1,339 | $1,390 | $1,163 |
Median Income | $66,746 | $75,157 | $69,021 |
Home Value To Income | 4.5x | 4.5x | 3.5x |
Rent To Monthly Income | 0.24x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Goshen. Here's a quick look at the cost of living in the most populous nearby places:
Kiryas Joel, NY has a cost of living index of 134, 1.1x Goshen.
Middletown, NY has a cost of living index of 107, 0.9x Goshen.
Scotchtown, NY has a cost of living index of 115, 1.0x Goshen.
City | Population | Cost Of Living | Vs. Goshen |
---|---|---|---|
Kiryas Joel, NY | 32,498 | 134 | 1.1x |
Middletown, NY | 30,086 | 107 | 0.9x |
Scotchtown, NY | 10,644 | 115 | 1.0x |
Orange Lake, NY | 10,159 | 125 | 1.0x |
Monroe, NY | 9,392 | 133 | 1.1x |
Woodbury, NY | 9,111 | 131 | 1.1x |
New Windsor, NY | 8,693 | 121 | 1.0x |
Mechanicstown, NY | 7,777 | 108 | 0.9x |
Walden, NY | 6,841 | 115 | 1.0x |
Warwick, NY | 6,686 | 118 | 1.0x |