Anderson, SC Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Anderson, SC Summary

Cost of living in Anderson research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Anderson is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in South Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Anderson is 88, with 100 being the average.

  • The cost of living index in Anderson is 0.9x lower than the national average.

  • Anderson ranks as the #25 cheapest in South Carolina out of 99.

  • Anderson ranks as the #1,278 cheapest out of 6,412 in the US.

  • The median home value in Anderson is $150,600.

  • The median income in Anderson is $37,439.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
88
Anderson's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Anderson, SC?

According to the most recent data on the cost of living, Anderson has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.

Compared to South Carolina, Anderson has a cost of living index that's 0.9x lower than South Carolina's index of 96.

The standard of living in Anderson ranks as #25 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Anderson ranks as the #74 most expensive place in the Palmetto State.

For more reading on life in Anderson, check out:

25 out of 99
In South Carolina
1,278 out of 6,412
In America

Anderson Cost Of Living Vs. South Carolina

Six factors go into calculating the cost of living index in Anderson. Here is how it fairs on each of the criteria:

  • The Services index in Anderson is 98.

  • The Groceries index in Anderson is 98.

  • The Health index in Anderson is 93.

  • The Housing index in Anderson is 67.

  • The Transportation index in Anderson is 90.

  • The Utilities index in Anderson is 92.

Living Expense Anderson South Carolina National Average
Overall 88 96 100
Services 98 99 100
Groceries 98 100 100
Health 93 96 100
Housing 67 89 100
Transportation 90 90 100
Utilities 92 107 100
For more reading on cost of living around South Carolina, check out:
Anderson Cost of Living Vs. SC

Anderson, SC Housing Cost Breakdown

Housing swings affordability the most between places in South Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Anderson is $150,600.

  • The Median Rent in Anderson is $799.

  • The Median Income in Anderson is $37,439.

  • The Home Value To Income in Anderson is 4.0x.

  • The Rent To Monthly Income in Anderson is 0.26x.

Statistic Anderson South Carolina United States
Median Home Value $150,600 $181,800 $244,900
Median Rent $799 $970 $1,163
Median Income $37,439 $58,234 $69,021
Home Value To Income 4.0x 3.1x 3.5x
Rent To Monthly Income 0.26x 0.2x 0.2x
Search Homes For Sale In Anderson, SC
$150,600
Median Home Value
$799
Median Rent
$37,439
Median Income

Anderson, SC Costs By Category

Detailed Anderson Services Costs Vs. South Carolina

Item Anderson South Carolina
Shampoo $1.32 $1.06
Movie $10.7 $10.68
Bowling $14.67 $14.67
Haircut $19.22 $18.62
Beauty Salon $33.72 $39.05

Detailed Anderson Groceries Costs Vs. South Carolina

Item Anderson South Carolina
Ground Beef $4.91 $4.22
Fried Chicken $1.24 $1.39
Milk $2.16 $2.05
Potatoes $3.73 $3.29
Pizza $10.61 $10.62
Beer $10.04 $9.38
Toothpaste $2.03 $2.34

Detailed Anderson Health Costs Vs. South Carolina

Item Anderson South Carolina
Optometrist $92.06 $108.57
Doctor $94.78 $116.17
Dentist $88.33 $99.13

Detailed Anderson Transportation Costs Vs. South Carolina

Item Anderson South Carolina
Gasoline $2.02 $2.22
Tire Balancing $39.83 $50.07

Detailed Anderson Utilities Costs Vs. South Carolina

Item Anderson South Carolina
All Electricity $151.76 $167.67
Phone $181.45 $175.64

Anderson SnackAbility

5
/10
Overall SnackAbility
Jobs
4/10
Housing
6
Affordability
4
Diversity
8.5
Safety
N/A
Amenities
8.5
Education
6
Commute
8.5

Cost Of Living In Cities Around Anderson

The cost of living varies in the cities and towns around Anderson. Here's a quick look at the cost of living in the most populous nearby places:

  • Clemson, SC has a cost of living index of 97, 1.1x Anderson.

  • Powdersville, SC has a cost of living index of 97, 1.1x Anderson.

  • Centerville, SC has a cost of living index of 88, 1.0x Anderson.

City Population Cost Of Living Vs. Anderson
Clemson, SC 17,238 97 1.1x
Powdersville, SC 9,880 97 1.1x
Centerville, SC 7,276 88 1.0x
Homeland Park, SC 6,790 79 0.9x
Central, SC 5,229 85 1.0x

Articles About South Carolina

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