Housing costs in Anderson?
A typical home costs
$57,600, which is 83.0% less expensive than the national average of
$338,100 and 70.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Anderson costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 19.2% cheaper than the state average of
$930.
Can I afford Anderson?
To live comfortably in Anderson, Iowa, a minimum annual income of
$11,160 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Anderson?
Anderson, IA has a very reasonable cost of living. It is less expensive than most cities in the nation, and even lower than the Iowa state average. The median rent for a one-bedroom apartment is only $719 per month, and groceries are also very affordable. Utilities such as electricity and water are also quite reasonable compared to other areas of the country. In addition, local taxes are low and there is no sales tax in Anderson. All these factors combine to make Anderson an attractive place to live with an overall low cost of living.