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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)

Tuition$40,800
Room & Board$48,000

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

UniversityTypeAnnual Tuition
Anderson State UniversityPublic$9,330
Anderson Community CollegeCommunity$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

CategoryAndersonNational AvgDifference
Public Tuition (In-State)$10,200$10,940-$740
Monthly Rent Near Campus$400$1,050-$650
Cost of Living Index78.2100-21.799999999999997

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

36

Walk Score

Car-Dependent

19

Transit Score

Minimal Transit

7.1%

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.

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