Cost of Living

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