Small City54,788 people

Anderson, IN

Discover how far your salary goes in Anderson. Compare taxes, rent, and living costs.

Cost Index
92
Below Average
Population

54,788

State Tax

3.1%

1BR Rent

$1,120

/month

vs National

-20%

below avg

How far would your salary go in Anderson?

Enter your income to get a personalized breakdown vs 50+ cities

Calculate Now

Rent Prices in Anderson

🏠

Studio

$896

/month

$10,752/year

Most Common
🛏️

1 Bedroom

$1,120

/month

$13,440/year

🏡

2 Bedroom

$1,512

/month

$18,144/year

🏘️

3 Bedroom

$1,960

/month

$23,520/year

Taxes in Indiana

State Income Tax

Indiana

3.1%

For a $100k salary, that's ~$3,150/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Anderson, IN?

Anderson has a cost of living index of 92, which is 8% below the national average. A 1-bedroom apartment costs around $1,120/month.

What is the state income tax in Indiana?

Indiana has a state income tax rate of approximately 3.1%. This is in addition to federal income tax.

How much is rent in Anderson?

The median rent for a 1-bedroom apartment in Anderson is $1,120/month. For a 2-bedroom, expect to pay around $1,512/month. This is 20% below the national average.

Is Anderson a good place to live?

Anderson is a small city with a population of 54,788. The cost of living is below average, making it more affordable than average for the US.

See the complete picture for Anderson

Our free calculator shows your exact take-home pay, tax breakdown, and how Anderson compares to 50+ other cities.

Calculate My Salary

Free • No signup • 10 seconds