Cost of Living in Anderson, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
111.7
100 = national avg
+11.7 vs national average
Living Wage (1 Adult)
$49,139
per year
Living Wage (Family of 4)
$116,147
per year
Cost Index by Category
Housing93.3
Food115.9
Transportation131.8
Healthcare112.7
Utilities108.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$775
per month
2 Bedroom
$1,000
per month
The overall cost of living index in Anderson is 111.7, which is 11.7% above the national average. Housing costs are below the national average at an index of 93.3. A single adult needs to earn approximately $49,139 per year to cover basic expenses.