Cost of Living Forum

AndersonLocal92 @andersonlocal92
Joined: 5 months ago

Cost of Living in Anderson for a Long-Time Resident

Hi all, I’ve been living in Anderson for over 20 years now and I’m curious to get everyone’s thoughts on the current cost of living here. My situation is that I’m married with two school-age kids, we own our home, and both my spouse and I work full-time office jobs in the city. What are your experiences with expenses like housing, groceries, utilities, transportation, healthcare, and entertainment in Anderson? I’d love to hear a range of perspectives from singles, families, retirees, etc. on what it really costs to live comfortably here these days. Thanks in advance for sharing your insights!

Posts: 21

10 Replies

BudgetBobby @budgetbobby
Joined: 2 years ago
As a single guy living downtown, I find Anderson to be pretty affordable overall. My one-bedroom apartment runs about $900 including utilities. Groceries are reasonable if you shop smart – probably $300-$400 per month for one person eating mostly home-cooked meals. Public transit is decent here at $50 for a monthly pass. I spend maybe $150/month on gym, restaurants, and entertainment combined by taking advantage of deals. Healthcare is a bigger expense at around $400/month for a decent insurance plan. Overall, I can live comfortably on around $2500-$3000 per month. The cost of living allows me to save a decent amount on my $55k salary.
Posts: 14
SurburbanSarah @surburbansarah
Joined: 2 years ago
We’re a family of four living in the suburbs and I agree, the overall cost of living in Anderson is quite manageable, especially compared to bigger cities. Our 3-bedroom house runs $1800 per month for the mortgage. Utilities like electricity, water, internet probably add around $400 more to that. Groceries for our family add up to $800-$1000 each month. We budget $500 for gas, insurance, and car maintenance since we need two vehicles with the kids’ activities. Healthcare is our biggest monthly expense at over $1200 for family insurance through my husband’s job. Entertainment and eating out might be $500-$600 per month for our family. With an average income of around $100k between us, we can maintain a comfortable middle-class lifestyle while still saving some each month.
Posts: 7
RetiredRandy @retiredrandy
Joined: 2 years ago
My wife and I are both retired here in Anderson and I’d say the cost of living is very reasonable for our situation. We downsized to a 2-bedroom condo a few years ago that only costs $1100 per month including HOA fees. Utilities are cheap for just the two of us at $150 or so. We keep food costs down to $400-$500 monthly by cooking at home. Healthcare is probably our biggest expense with Medicare plus supplemental insurance at nearly $800 per month combined. But overall, our modest retirement income of around $5000 per month goes a long way allowing us to live comfortably and even travel occasionally.
Posts: 5
DarrenTheDude @darrenthedude
Joined: 2 months ago
I moved to Anderson a couple years ago and was surprised by how affordable it is compared to where I’m from. As a single tech worker, I’m able to live in a cool apartment downtown for under $1000. Groceries are super cheap – maybe $250 a month max. I take advantage of the decent public transit and just use rideshares when needed ($100-$200/month). Healthcare is pricey with my employer plan at $550/month. But with a decent $75k salary, fixed expenses like $1500 for rent and maybe $500 for other bills, I’m still able to max out retirement accounts while going out frequently. Anderson has been a great spot for a young professional like me.
Posts: 17
MamaLlama @mamallama
Joined: 2 months ago
As a single mom to 3 kids, the cost of living in Anderson is a bit of a struggle for us. My biggest expense is definitely the $1600 rent for our 3-bedroom apartment, plus another $400 or so in utilities. Groceries easily run me $800-1000 each month to feed my crew. Having just the one income around $45k makes healthcare a battle at over $700/month for a family plan. We eat out minimally and don’t have much for entertainment beyond inexpensive activities. Transportation costs with car payments, gas, insurance add at least $500 per month. Overall, I’m pretty much just getting by paycheck to paycheck despite budgeting carefully. The affordability here could definitely be better for low-income families like mine.
Posts: 25
FreeSpiritStacy @freespiritstacy
Joined: 3 months ago
I love the relatively low cost of living in Anderson as someone who works part-time and lives simply! I keep my housing costs crazy low by renting a studio for just $600 (utilities included). My overall monthly expenses like $200 for groceries, $50 for transit pass, $100 for healthcare, $100 for phone/internet, and $300 for entertainment and eating out means I can live comfortably on just $15k per year income. Anderson’s affordability gives me the flexibility to not work full-time and really enjoy an emphasis on experiences over stuff. As long as you’re willing to embrace a more minimalist lifestyle, this city can be very cheap!
Posts: 11
JackTheInvestor @jacktheinvestor
Joined: 3 months ago
From an investment perspective, I think Anderson presents good value for housing compared to coastal cities. The $1625 per square meter price to buy property is still very reasonable, especially in nice areas outside downtown. My wife and I own a couple rental properties here that cash flow nicely with relatively affordable mortgages. Single-family home prices in the $300-500k range also seem quite attainable for median-income families. One drawback is the lack of high-paying job opportunities to truly accumulate wealth quickly. But for those able to take advantage of the affordable real estate, Anderson provides a decent quality of life at a relatively low cost of living.
Posts: 17
FitFoodiePhil @fitfoodiephil
Joined: 10 months ago
As someone really focused on an active, healthy lifestyle, I find certain costs in Anderson to be quite high while others are very reasonable. The $1250 per month for a high-quality gym is pretty steep in my opinion. Same goes for organic produce and specialty health foods that can make groceries $600+ per month for one person. But Anderson also has an abundance of affordable outdoor activities like hiking trails, public parks, rec sports leagues that help balance things out. Housing is fair at around $1200 for a nice one-bedroom apartment within walking/biking distance of amenities. With a solid $75k income, I’m able to splurge on the health/fitness expenses I prioritize while taking advantage of Anderson’s lower costs in other areas.
Posts: 8
CoupleOnABudget @coupleonabudget
Joined: 2 years ago
My husband and I are in our late 20s and find Anderson to be an affordable place for young couples/families to live, but it does require some sacrifices on discretionary spending. Our combined incomes of around $85k allow us to cover the $1400 rent for a decent 2-bedroom apartment plus $350 in utilities. We probably spend $600 on groceries cooking at home. Healthcare is our biggest strain at $800/month for a family plan. We’re able to max out our retirement accounts, but have to operate on a pretty tight budget of $300 or less for dining out, entertainment, etc. The overall cost of living is manageable for our stage of life, but does require financial discipline. As our incomes grow in the coming years, I think Anderson will feel even more affordable.
Posts: 18
LuxuryLou @luxurylou
Joined: 12 months ago
From my perspective, the cost of living in Anderson is quite high if you want to truly live an upper-class lifestyle. We own a large 4-bedroom home in an exclusive neighborhood that ran us over $900k to purchase a few years ago. Add a mortgage payment around $5k per month, plus $1k in utilities, $1500 in property taxes, and expenses like lawn care, it’s a major carrying cost. Healthcare through a premium insurance plan is over $2k monthly for my family. We easily spend $2k+ per month on high-end groceries and dining out. Top-tier country club memberships for recreation are $1500 per month or more. While Anderson has very nice amenities for affluent residents, you do need to be making $300k+ household income to truly live a lavish, worry-free lifestyle here compared to a major metro where that money would go further. For those with more modest means, the cost of living is quite reasonable, but the city can be very expensive depending on one’s standard of living.
Posts: 14

Detailed Price Insights of Abilene, TX

  • Meal, Inexpensive Restaurant – 16.00 $
  • Meal for 2 People, Mid-range Restaurant, Three-course – 45.00 $
  • McMeal at McDonalds (or Equivalent Combo Meal) – 10.00 $
  • Domestic Beer (0.5 liter draught) – 3.50 $
  • Imported Beer (0.33 liter bottle) – 4.38 $
  • Cappuccino (regular) – 5.17 $
  • Coke/Pepsi (0.33 liter bottle) – 2.44 $
  • Water (0.33 liter bottle) – 2.01 $
  • Milk (regular), (1 liter) – 0.57 $
  • Loaf of Fresh White Bread (500g) – 2.20 $
  • Rice (white), (1kg) – 3.94 $
  • Eggs (regular) (12) – 2.86 $
  • Local Cheese (1kg) – 12.75 $
  • Chicken Fillets (1kg) – 13.14 $
  • Beef Round (1kg) (or Equivalent Back Leg Red Meat) – 15.02 $
  • Apples (1kg) – 5.21 $
  • Banana (1kg) – 1.62 $
  • Oranges (1kg) – 4.07 $
  • Tomato (1kg) – 5.79 $
  • Potato (1kg) – 2.80 $
  • Onion (1kg) – 3.32 $
  • Lettuce (1 head) – 1.79 $
  • Water (1.5 liter bottle) – 1.80 $
  • Bottle of Wine (Mid-Range) – 13.75 $
  • Domestic Beer (0.5 liter bottle) – 2.08 $
  • Imported Beer (0.33 liter bottle) – 2.90 $
  • Cigarettes 20 Pack (Marlboro) – 8.50 $
  • Taxi Start (Normal Tariff) – 2.75 $
  • Taxi 1km (Normal Tariff) – 1.40 $
  • Taxi 1hour Waiting (Normal Tariff) – 30.00 $
  • Gasoline (1 liter) – 0.88 $
  • Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) – 35,699.74 $
  • Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) – 31,031.46 $
  • Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment – 170.31 $
  • Mobile Phone Monthly Plan with Calls and 10GB+ Data – 55.29 $
  • Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) – 62.50 $
  • Cinema, International Release, 1 Seat – 13.04 $
  • Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child – 1,250.00 $
  • International Primary School, Yearly for 1 Child – 13,500.00 $
  • 1 Pair of Jeans (Levis 501 Or Similar) – 57.33 $
  • 1 Summer Dress in a Chain Store (Zara, H&M, …) – 43.33 $
  • 1 Pair of Nike Running Shoes (Mid-Range) – 93.33 $
  • 1 Pair of Men Leather Business Shoes – 100.25 $
  • Apartment (3 bedrooms) in City Centre – 1,350.00 $
  • Price per Square Meter to Buy Apartment in City Centre – 1,625.00 $
  • Price per Square Meter to Buy Apartment Outside of Centre – 1,625.00 $
  • Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate – 6.57
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