Cost Of Living in Benton, KY

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10%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

26%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Benton	Kentucky	National
Cost of living	90	88	100
Groceries	99	98	100
Health care	98	97	100
Housing	74	70	100
Transportation	96	96	100
Utilities	97	95	100
Lifestyle & Entertainment	97	95	100
Household Items	96	97	100
Education & Childcare	93	94	100

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Homes For Sale In Benton, KY

437 Victor Darnell Rd

Benton, KY

Lot 7 Tradition Dr

, KY

Lot 6 Tradition Dr

, KY

629 Serenity Shores Rd

Benton, KY

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Cost Of Living Quick Facts

The cost of living in Benton is 2% higher than the Kentucky average
The cost of living in Benton is 10% lower than the national average
Benton housing is 26% lower than the national average
Kentucky general sales tax is 18% higher than the national average
Kentucky state income tax is 73% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$108,830	$9,069	$2,539	$3,265
Renters	$28,024	$2,335	$654	$841

A good way to judge both the affordability of the housing and the cost of living in Benton is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Benton has a median income of about $108,830 for people who own homes. Based on that number, a maximum of $2,539 should be spent on expenses related to housing. Renters have a slightly different median income, which is $28,024. Based on this average, renters should spend no more than $654 on all rental costs if they want to maintain a non-impoverished standard of living.

Kentucky Sales Tax

State	General Sales Tax	With Max Surtax
Kentucky	6%	6%

Kentucky Income Tax

State	Income Tax (Low)	Income Tax (High)
Kentucky	4.5%	4.5%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Dexter, KY	133	79	21.4%
Farmington, KY	123	79	20.9%
Farley, KY	4,588	82	17.8%
Sedalia, KY	359	82	17.5%
Hardin, KY	520	84	15.5%
Benton, KY	4,641	90	10.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Poplar Grove, IL	4,641	103	2.9%
Montgomery, NY	4,641	119	18.6%
Wamego, KS	4,642	93	7.2%
Aurora, NE	4,642	92	8.5%
Saint-Denis-de-Brompton, QC	4,642	n/a
Benton, KY	4,641	90	10.1%