Zip 29625 (Anderson, SC) Cost of Living


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How much do I need to live in Anderson, South Carolina?
$3,570 / month
for a family, 33.9% less expensive than the national average A total of $42,840 for the year for a family.
$2,467 / month
for a single person, 48.2% less expensive than the national average A total of $29,600 for the year for a single person.

Anderson cost of living score
87.7
Less expensive
12.3% lower
than the US average
1.8% lower
than the South Carolina average
Anderson (zip 29625), South Carolina gets a BestPlaces Cost of Living score of 87.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.3% lower than the U.S. average and 1.8% higher than the average for South Carolina.

Zip 29625 (Anderson, SC)

Housing costs in Anderson?
A typical home costs $223,900, which is 33.8% less expensive than the national average of $338,100 and 13.9% less expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Anderson costs $940 per month, which is 15.3% cheaper than the national average of $1,110 and 6.4% cheaper than the state average of $1,000.

Can I afford Anderson?
To live comfortably in Anderson (zip 29625), South Carolina, a minimum annual income of $42,840 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Anderson?
The cost of living in 29625 Anderson, SC is relatively low compared to many other cities and towns. The housing market has remained relatively stable over the years, with average home prices in the mid-$100K range. Groceries and utilities are also reasonably priced, making it a great option for those on a tight budget. The local economy is strong, with many businesses providing jobs and steady economic growth throughout the region. Taxes are also moderate, which can help to keep expenses down even further. All in all, Anderson is an exceptional place to live if you're looking for an affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAndersonSouth CarolinaUnited States
    Unlock89.3100.0
  96.2  Unlock100.0
    Unlock102.7100.0
  63.5  Unlock100.0
    Unlock$259,900$338,100
  102.5  Unlock100.0
    Unlock86.8100.0
  78.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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