Benton, KY, has a lower cost of living compared to the nationwide average. The overall cost of living index in Benton is 85, which is 15% below the national average of 100. This means residents can expect to pay less for most goods and services.
Specifically, Benton's housing costs are 25% below the national average, groceries are 15% less, and utilities are 10% lower. While healthcare costs are slightly higher at 5%, the overall lower expenses make Benton an attractive option for those seeking affordability.
Benton, KY, offers a cost of living that is notably lower than the nationwide average. The housing index in Benton stands at 75, which is 25% lower than the national average of 100. This means that housing costs in Benton are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index is 85, which is 15% below the average, suggesting that food costs are also reasonably lower in Benton.
Transportation and utilities in Benton also present savings compared to the national average. The transportation index is 80, which is 20% lower, while the utilities index is 90, only 10% below the average. This indicates that daily commuting and household expenses are slightly more affordable in Benton. Healthcare costs, however, are slightly higher, with an index of 95, which is 5% above the average. Despite this, the miscellaneous index of 87 is 13% below the average, showing that other living expenses are generally lower in Benton. Overall, Benton provides a cost of living that is 15% below the national average, making it a cost-effective choice for many job seekers.