Anderson, IN vs East Chicago, IN

Anderson, IN and East Chicago, IN have a very similar cost of living, with only a 1.4% difference in their overall index. Anderson scores 69 while East Chicago scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Anderson is $909/month compared to $820/month in East Chicago — a 11% difference. Home values follow the same pattern: East Chicago is more affordable at $92,400 median vs $104,300.

Median household income in Anderson is $47,221 compared to $41,071 in East Chicago (+15%). While Anderson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Anderson spend roughly 23.1% of their income on rent, less than the 24% in East Chicago.