College Costs in Anderson, IN 2026
Compare tuition, housing, and financial aid across 3 colleges in Anderson, Indiana. Use our free calculator to estimate your total cost.
Avg Public Tuition
$10,200
per year
Avg Private Tuition
$34,000
per year
Avg Rent Near Campus
$400
per month
Colleges & Universities
3
institutions
Anderson Overview
Population
54,988
Student Population
3,905 (7.1%)
Cost of Living Index
78.2 (avg: 100)
Walk Score
36/100
Transit Score
19/100
Unemployment Rate
3.4%
College Cost Calculator for Anderson
Cost Inputs
Total Cost (4 Years, Public In-State)
$88,800
Total After Financial Aid
$88,800
Annual Cost
$22,200
Annual After Aid
$22,200
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $88,800 |
| Monthly Payment | $1,008 |
| Total Interest | $32,197 |
| Total Loan Cost | $120,997 |
Universities in Anderson
| University | Type | Annual Tuition |
|---|---|---|
| Anderson State University | Public | $9,330 |
| Anderson Community College | Community | $4,905 |
Anderson has 3 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Anderson vs. National Average
| Category | Anderson | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $10,200 | $10,940 | -$740 |
| Monthly Rent Near Campus | $400 | $1,050 | -$650 |
| Cost of Living Index | 78.2 | 100 | -21.799999999999997 |
Anderson's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Anderson
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
3,905 students
Anderson has a total population of 54,988, with approximately 3,905 college students (7.1% of the population). While not primarily a college town, Anderson offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.
Post-Graduation Outlook in Anderson
$21,804
Starting Salary
3.4%
Unemployment Rate
48%
Graduation Rate
~0 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Anderson earn a median starting salary of $21,804, which is -$13,196 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $88,800 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $12,173 per student per year, the net cost and payback period can be significantly reduced.
Other Cities in Indiana
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25 colleges · Avg tuition $9,944
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4 colleges · Avg tuition $10,036
Terre Haute
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Fishers
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Lafayette
3 colleges · Avg tuition $10,200
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3 colleges · Avg tuition $10,200
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