Anderson, SC Cost Of Living

The latest cost of living statistics for Anderson. Includes statistics on rent, mortgages, healthcare, and other costs for Anderson compared to the state and national averages.

Cost of living in Anderson, South Carolina

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:

92 Cost of living index 0.9x lower vs US
#26 Cheapest in South Carolina (of 98)
#1,359 Cheapest in the U.S. (of 6,489)
$272,108 Median home value
$975 Median rent
$46,933 Median income
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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 92, which is 0.9x lower than the national index of 100.

Compared to South Carolina, Anderson has a cost of living index that's 1.0x lower than South Carolina's index of 92.

The standard of living in Anderson ranks as #26 most affordable out of the 98 places we measured in South Carolina. By definition, that implies Anderson ranks as the #72 most expensive place in the Palmetto State.

For more reading on life in Anderson, check out:

Anderson Cost Of Living Vs. South Carolina

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

  • The Services index in Anderson is 102.

  • The Groceries index in Anderson is 101.

  • The Health index in Anderson is 75.

  • The Housing index in Anderson is 97.

  • The Transportation index in Anderson is 105.

  • The Utilities index in Anderson is 100.

Living Expense Anderson South Carolina National Average
Overall 92 92 100
Services 102 97 100
Groceries 101 96 100
Health 75 82 100
Housing 97 101 100
Transportation 105 101 100
Utilities 100 97 100

Anderson Cost Of Living Compared To South Carolina Averages

Services
Anderson 102
South Carolina avg 97
Groceries
Anderson 101
South Carolina avg 96
Health
Anderson 75
South Carolina avg 82
Housing
Anderson 97
South Carolina avg 101
Transportation
Anderson 105
South Carolina avg 101
Utilities
Anderson 100
South Carolina avg 97

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around South Carolina, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Anderson, SC Housing Cost Breakdown

$272,108Median Home Value
$975Median Rent
$46,933Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Anderson is $272,108.

  • The Median Rent in Anderson is $975.

  • The Median Income in Anderson is $46,933.

  • The Home Value To Income in Anderson is 5.8x.

  • The Rent To Monthly Income in Anderson is 0.25x.

Statistic Anderson South Carolina United States
Median Home Value $272,108 $304,083 $332,700
Median Rent $975 $1,180 $1,413
Median Income $46,933 $69,324 $80,734
Home Value To Income 5.8x 4.4x 4.1x
Rent To Monthly Income 0.25x 0.2x 0.21x

Anderson, SC Costs By Category

Detailed Anderson Services costs vs. South Carolina
Item Anderson South Carolina
Shampoo $1.37 $1.28
Movie $14.47 $12.13
Bowling $18.39 $18
Haircut $25.74 $24.26
Beauty Salon $51.07 $45.56
Detailed Anderson Groceries costs vs. South Carolina
Item Anderson South Carolina
Ground Beef $6.24 $5.84
Fried Chicken $1.5 $1.57
Milk $4.56 $4.67
Potatoes $5.31 $4.93
Pizza $11.78 $12.09
Beer $10.45 $10.41
Toothpaste $3.61 $3.7
Detailed Anderson Health costs vs. South Carolina
Item Anderson South Carolina
Optometrist $120.21 $125.68
Doctor $123.75 $135.78
Dentist $114.8 $113.29
Detailed Anderson Transportation costs vs. South Carolina
Item Anderson South Carolina
Gasoline $3.07 $3.46
Tire Balancing $56.5 $59.92
Detailed Anderson Utilities costs vs. South Carolina
Item Anderson South Carolina
All Electricity $170.53 $193.99
Phone $189.75 $192.25

Anderson SnackAbility

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

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 112, 1.2x Anderson.

  • Powdersville, SC has a cost of living index of 105, 1.1x Anderson.

  • Centerville, SC has a cost of living index of 93, 1.0x Anderson.

City Population Cost Of Living Vs. Anderson
Clemson, SC 18,072 112 1.2x
Powdersville, SC 10,771 105 1.1x
Centerville, SC 7,049 93 1.0x
Homeland Park, SC 6,632 84 0.9x
Central, SC 5,320 92 1.0x