Anderson, Indiana has an overall cost of living index of 94.7, which is 5.3 points below the US average of 100 — making it more affordable than most American cities. Renters pay a median of $925 per month, while the typical home is valued around $119,000. Households earn a median of $46,909 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$46,909
Annual · Census ACS
Median Gross Rent
$925
Per month · Census ACS
Median Home Value
$119,000
Census ACS
Cost of Living Index
94.7
BEA RPP · US avg = 100
Studio FMR
$898
HUD Fair Market Rent
1BR Fair Market Rent
$919
HUD FMR
2BR Fair Market Rent
$1,206
HUD FMR
3BR Fair Market Rent
$1,594
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
Each category is indexed to the US average of 100. Below 100 = cheaper than average.
Overall
94.7
Goods
94.8
Rents / Housing
87.0
Services
85.6
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | $112,680 |
| 🏥Registered Nurse | $89,290 |
| 📚Elementary Teacher | $61,380 |
| ⚡Electrician | $67,730 |
| 📊Accountant | $86,150 |
| 🔧Plumber | $69,600 |
| ⚕️Nurse Practitioner | $322,240 |
| 🏗️Civil Engineer | $99,880 |
| 👔Operations Manager | $150,240 |
| 📈Market Research Analyst | $75,140 |
| 🏢Health Services Manager | $118,750 |
| 🚛Truck Driver | $63,870 |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | $103,900 |
Source: BLS OEWS 2023 (metro-level data)
Population
55,367
Latest estimate
Median Age
38.9 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$925
Per month
Avg Home Value
$115,650
Census ACS
Healthcare Score
30.6
poor
Hospitals
2
Doctors per 1,000
1.00
Insurance Coverage
90.8%
What is the cost of living index for Anderson?
Anderson has a Regional Price Parity (RPP) index of 94.7. The US national average is 100, so Anderson is 5.3 points below the national average.
What is the median rent in Anderson?
The median gross rent in Anderson is $925 per month according to US Census ACS data.
What is the median household income in Anderson?
The median household income in Anderson is $46,909 per year.
What is the median home value in Anderson?
The median home value in Anderson is $119,000 based on the latest Census ACS survey.
How is the air quality in Anderson?
Air quality data for Anderson is not yet available.
What are the taxes like in Anderson?
Tax data for Indiana is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
