Cost of Living in Benton, MS
Housing
The housing market plays a significant role in determining the cost of living in Benton, MS.
- Housing Index: 86 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1309 per month
- Average Rent (2 BR House): $1423 per month
Analyzing the data for Benton, MS, it appears that the housing index stands at 86, indicating a relatively affordable housing market. Although the median home price is listed as 0, which suggests that purchasing homes may not currently be an option, the rents for 2-bedroom apartments at 1309 and houses at 1423 are reasonable compared to many urban areas. This affordability could make Benton an appealing choice for renters seeking good value without forgoing amenities. Keep in mind local job trends and community services as you consider your move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Benton, MS.
- Electricity Price: $13.42 USD (median by state)
- Natural Gas Price: $22.19 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $207 per month
Living in Benton, MS could entail higher utility costs. Electricity costs sit at $13.42, while natural gas is priced at $22.19 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $207 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Benton is a financially viable option for your relocation.