Housing costs in Anderson?
A typical home costs
$170,500, which is 49.6% less expensive than the national average of
$338,100 and 23.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Anderson costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 3.9% more than the state average of
$980.
Can I afford Anderson?
To live comfortably in Anderson (zip 46011), Indiana, a minimum annual income of
$32,760 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Anderson?
The cost of living in 46011 Anderson, IN is relatively affordable. The median home cost in the area is around $105,000, which is significantly lower than the national average. Additionally, prices for groceries and other necessities are generally lower than the national average. This makes it a great place for people on limited incomes to live and still be able to afford everyday expenses. Furthermore, some of the taxes in the state are below average, making living there even more appealing to those looking to save money.