Anderson, South Carolina has an overall cost of living index of 93.8, which is 6.2 points below the US average of 100 — making it more affordable than most American cities. Renters pay a median of $965 per month, while the typical home is valued around $199,600. Households earn a median of $44,321 per year, leaving rent at a manageable share of income for many residents. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$44,321
Annual · Census ACS
Median Gross Rent
$965
Per month · Census ACS
Median Home Value
$199,600
Census ACS
Cost of Living Index
93.8
BEA RPP · US avg = 100
Studio FMR
$1,022
HUD Fair Market Rent
1BR Fair Market Rent
$1,035
HUD FMR
2BR Fair Market Rent
$1,173
HUD FMR
3BR Fair Market Rent
$1,519
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
93.8
Goods
93.1
Rents / Housing
84.6
Services
87.6
Source: BEA Regional Price Parities (metro-level)
State Income Tax
6.40%
Top marginal rate
State Sales Tax
6.00%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | $114,070 |
| 🏥Registered Nurse | $85,580 |
| 📚Elementary Teacher | $61,050 |
| ⚡Electrician | $68,200 |
| 📊Accountant | $81,570 |
Source: BLS OEWS 2023 (metro-level data)
Population
29,563
Latest estimate
Median Age
33 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Anderson?
Anderson has a Regional Price Parity (RPP) index of 93.8. The US national average is 100, so Anderson is 6.2 points below the national average.
What is the median rent in Anderson?
The median gross rent in Anderson is $965 per month according to US Census ACS data.
What is the median household income in Anderson?
The median household income in Anderson is $44,321 per year.
What is the median home value in Anderson?
The median home value in Anderson is $199,600 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?
South Carolina has a top state income tax rate of 6.40% and a statewide sales tax of 6.00% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology