Housing costs in Anderson?
A typical home costs
$113,600, which is 66.4% less expensive than the national average of
$338,100 and 48.7% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Anderson costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 7.7% cheaper than the state average of
$980.
Can I afford Anderson?
To live comfortably in Anderson, Indiana, a minimum annual income of
$21,600 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Anderson?
Anderson, IN has an overall cost of living that is slightly higher than the U.S national average due largely in part to its high real estate values and tax rates. However, utility costs tend to be quite reasonable and housing prices can vary depending on one's location with certain areas offering more affordable options for those looking for a place to live.