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Cost of Living in Benton County

Is it better to rent or buy in Benton County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$66,920
$808/mo

Median in area: $808

$143,445

Median in area: $143,445

$28,689

If you Rent

🔑
$1,112 /mo
Base Rent$808
Est. Utilities$304
% of Income19.9%
Pre-tax Residual$4,465

If you Buy

🏠
$1,246 /mo
P&I (7.169%)$777
Taxes & Ins$165
Est. Utilities$304
% of Income22.3%
Pre-tax Residual$4,331

Compare Nearby Areas

See how Benton County stacks up against neighboring areas.

countyJasper County, IN
$939/mo
countyWhite County, IN
$877/mo
countyNewton County, IN
$913/mo
countyIroquois County, IL
$814/mo
countyWarren County, IN
$843/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Benton County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Benton County. The estimated all-in monthly cost for renting is $1,112, while owning a median-priced home with a 20% down payment is roughly $1,246 per month (a difference of $134).

How much do utilities cost in Benton County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Benton County is approximately $304. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Benton County?›

To comfortably afford the median rent and utilities in Benton County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $44,480 per year.