Cost of Living in Benton, TN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

66.7

100 = national avg

-33.3 vs national average

Living Wage (1 Adult)

$29,352

per year

Living Wage (Family of 4)

$69,378

per year

Cost Index by Category

Housing
65.9
Food
76.8
Transportation
53.5
Healthcare
81.4
Utilities
79.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$940

per month

2 Bedroom

$1,233

per month

The overall cost of living index in Benton is 66.7, which is 33.3% below the national average. Housing costs are below the national average at an index of 65.9. A single adult needs to earn approximately $29,352 per year to cover basic expenses.