Housing costs in Benton?
A typical home costs
$253,300, which is 25.1% less expensive than the national average of
$338,100 and 39.3% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Benton costs
$940 per month, which is 11.9% more than the national average of
$840 and 2.1% more than the state average of
$920.
Can I afford Benton?
To live comfortably in Benton (zip 72019), Arkansas, a minimum annual income of
$48,600 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Benton?
The cost of living in 72019 Benton, AR is relatively low compared to other cities and states. According to the Missouri Economic Research and Information Center, the cost of living index for 72019 Benton is approximately 86.7, which is 14.3 points lower than the national average of 100. This means that goods and services in this region are 14-15 percent cheaper on average than the rest of the US. The median home value for 72019 is $137,400, which is significantly lower than many other areas in Arkansas or across the nation. Additionally, groceries are 4 percent cheaper than the national average and utilities are 3 percent cheaper. This makes 72019 Benton a great place to live if you're looking for an affordable option with access to local amenities.