Homes and cost of living in Anderson are very affordable. The Cost of Living Index shows that Anderson is a very affordable place to live and work. To maintain the same standard of living, the median family income of $53,800 in Anderson, Indiana, should be increased or decreased to:
Community
| Income
| % Increase or Decrease
| Cost of Living Index
|
Anderson, Indiana
| $53,800
| N/A
| 71.4
|
Chicago, Illinois
| $80,926
| 58.8%
| 107.4
|
Dayton, Ohio
| $53,574
| (0.4%)
| 71.1
|
Denver, Colorado
| $96,297
| 79.0%
| 127.8
|
Ft. Wayne, Indiana
| $60,732
| 12.9%
| 80.6
|
Huntsville, Alabama
| $68,343
| 27.0%
| 90.7
|
Indianapolis, Indiana
| $63,972
| 18.9%
| 84.9
|
Knoxville, Tennessee
| $67,514
| 25.5%
| 89.6
|
Los Angeles, California
| $132,767
| 146.8%
| 176.2
|
Owensboro, Kentucky
| $60,431
| 12.3%
| 80.2
|
St. Louis, Missouri
| $62,315
| 15.8%
| 82.7
|
Tupelo, Mississippi
| $56,362
| 4.8%
| 74.8
|
| | | |
For the Cost of Living Index, the average of all participating places equals 100, and each participant’s index is read as a percentage of the average for all places.
Source: Sperling’s Best Places