Cost of Living in Anderson

Anderson's cost of living centers on genuinely affordable, recently softening housing (Redfin's $273,000 city median, 25% below the national average) and property taxes cited among the lower rates in South Carolina, paired with the state's real two-bracket income tax and a straightforward 7% combined sales tax.

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Housing runs genuinely affordable, with a real directional disagreement across sources

Redfin's city-level median sale price is $273,000, down 3.2% YoY over the trailing 3 months ending June 2026 -- 25% below the national average sale price. Zillow's separate county-level figure shows a real, disclosed directional disagreement, up 6.1% YoY to $254,905. Either way, Anderson reads as genuinely affordable relative to the national market.

Rent shows a real, wide spread by source and unit size

Cited citywide averages ranged $1,001-$1,350/month depending on source, with one citation framing Anderson rent as 38% below the national average. By unit size: studio $1,153, 1-bedroom $1,307, 2-bedroom $1,220, 3-bedroom $1,545.

South Carolina's real income tax and Anderson's straightforward 7% sales tax

South Carolina applies a real, two-bracket Act 110 income tax (1.99%/5.21%). Anderson's combined sales tax is a straightforward 7.0% (6% state + 1% Anderson County local sales tax) -- simpler than Spartanburg's or Greer's district-variable rates in this same build. Anderson County property taxes are separately, genuinely cited as among the lower rates in South Carolina.

Key takeaways

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Last reviewed: 2026-08-24. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.