Housing costs in Anderson?
A typical home costs
$161,000, which is 52.4% less expensive than the national average of
$338,100 and 27.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Anderson costs
$920 per month, which is 6.1% cheaper than the national average of
$980 and 14.1% cheaper than the state average of
$1,050.
Can I afford Anderson?
To live comfortably in Anderson (zip 46012), Indiana, a minimum annual income of
$30,960 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Anderson?
The cost of living in 46012 Anderson, IN is relatively low compared to many other areas of the country. The median household income is approximately $41,000 per year, which allows for residents to get by with a modest lifestyle without breaking the bank. Additionally, the cost of housing is quite reasonable - the median home price is just around $130,000 and rental prices are generally quite affordable. Groceries and other essential items like gasoline are also inexpensive. All in all, 46012 Anderson is a great place to live if you're looking for a low-cost area with plenty of amenities.