Housing costs in Anderson?
A typical home costs
$460,700, which is 36.3% more expensive than the national average of
$338,100 and 54.8% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Anderson costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 42.2% cheaper than the state average of
$1,280.
Can I afford Anderson?
To live comfortably in Anderson, Texas, a minimum annual income of
$88,200 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Anderson?
The cost of living in Anderson, TX is quite reasonable. The median home value is around $105,000 and the median rent price is about $1,150, making it much more affordable than many other cities in Texas. The cost of groceries and utilities are also lower than the national average, making it a great place to live for people on a budget. The overall cost of living index for Anderson is 81.0, which means that it's slightly cheaper than the US average of 100. In addition to being financially friendly, Anderson offers plenty of attractions and amenities that make it worth a visit or even a permanent move.