Cost of Living: Anderson, IN vs South Bend, IN
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 $4,332/mo in South Bend, IN. In the model, rent is about 13.25% of gross in Anderson, IN versus 14.57% in South Bend, IN, so Anderson, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Anderson, IN and South Bend, IN.
At a glance
- Cheaper overall (lower cost-of-living index): South Bend, IN
- Lower rent (median 1BR/2BR): Anderson, IN
- Lower home prices: Anderson, IN
- Higher median household income: South Bend, IN
Cost of Living Index
Anderson, IN: 100 (U.S. = 100) · South Bend, IN: 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) · South Bend, IN: $950/mo
Median rent in South Bend, IN is $86/mo higher than in Anderson, IN.
Median Home Price
Anderson, IN: $104,300 · South Bend, IN: $124,500
Median home price in South Bend, IN is $20,200 higher than in Anderson, IN.
Median Household Income
Anderson, IN: $47,221 · South Bend, IN: $52,512
South Bend, IN has a higher median household income than Anderson, IN by $5,291.
Anderson, IN overview · South Bend, IN overview · Popular comparisons