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Anderson, IN vs Marion, IN

69
Anderson
Indiana
VS
+13%
61
Marion
Indiana

Marion is moderately more affordable than Anderson, with a 13% lower cost of living index. Anderson scores 69 compared to 61 for Marion, where the US average is 100. This difference means residents of Anderson can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Anderson is $909/month compared to $760/month in Marion — a 20% difference. Home values follow the same pattern: Marion is more affordable at $83,200 median vs $104,300.

Median household income in Anderson is $47,221 compared to $43,349 in Marion (+8.9%). The higher salaries in Anderson partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Anderson spend roughly 23.1% of their income on rent, more than the 21% in Marion.

Income & Cost

Cost of Living Index
Anderson
69
Marion
61
12% cheaper
Median Household Income
Anderson
$47,221
8% higher
Marion
$43,349

Housing

Median Rent
Anderson
$909
Marion
$760
16% cheaper
Median Home Value
Anderson
$104,300
Marion
$83,200
20% cheaper
Population
Anderson
54,930
Marion
27,384

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Anderson $2.91
Marion $2.91
US $3.07
🥚
Eggs (grade A, large)
Anderson $2.37
Marion $2.37
US $2.50
🥛
Milk (whole)
Anderson $3.82
Marion $3.82
US $4.03
🍞
Bread (white)
Anderson $1.75
Marion $1.75
US $1.85
🍗
Chicken breast
Anderson $3.93
Marion $3.93
US $4.14
Electricity
Anderson $0.16
Marion $0.16
US $0.19