Cost of Living: Anderson, IN vs Henderson, KY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Anderson, IN versus $4,254/mo in Henderson, KY. In the model, rent is about 13.25% of gross in Anderson, IN versus 11.49% in Henderson, KY, so Henderson, KY tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Anderson, IN and Henderson, KY.
At a glance
- Cheaper overall (lower cost-of-living index): Henderson, KY
- Lower rent (median 1BR/2BR): Henderson, KY
- Lower home prices: Anderson, IN
- Higher median household income: Anderson, IN
Cost of Living Index
Anderson, IN: 100 (U.S. = 100) · Henderson, KY: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Anderson, IN: $864/mo (midpoint of 1BR/2BR) · Henderson, KY: $749/mo
Median rent in Anderson, IN is $115/mo higher than in Henderson, KY.
Median Home Price
Anderson, IN: $104,300 · Henderson, KY: $151,400
Median home price in Henderson, KY is $47,100 higher than in Anderson, IN.
Median Household Income
Anderson, IN: $47,221 · Henderson, KY: $47,176
Anderson, IN has a higher median household income than Henderson, KY by $45.
Anderson, IN overview · Henderson, KY overview · Popular comparisons