Zip 37307 (Benton, TN) Cost of Living


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Benton cost of living score
78.7
Less expensive
21.3% lower
than the US average
12.5% lower
than the Tennessee average
Benton (zip 37307), Tennessee gets a BestPlaces Cost of Living score of 78.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.3% lower than the U.S. average and 12.5% higher than the average for Tennessee.

Zip 37307 (Benton, TN)

Housing costs in Benton?
A typical home costs $200,500, which is 40.7% less expensive than the national average of $338,100 and 27.7% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Benton costs $850 per month, which is 20.6% cheaper than the national average of $1,070 and 9.4% cheaper than the state average of $930.

Can I afford Benton?
To live comfortably in Benton (zip 37307), Tennessee, a minimum annual income of $38,520 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Benton?
Living in 37307 Benton, TN is relatively affordable compared to other parts of the country. According to BestPlaces’s cost of living index, the cost of living in 37307 Benton, TN is approximately 7% lower than the US average. Housing costs are especially low with most rental units going for under $600 per month. Groceries and transportation costs are also lower than average, making it an attractive option for budget-conscious individuals and families. Other cost-saving benefits include low health care and utility costs. Overall, residents of 37307 Benton, TN can enjoy a comfortable lifestyle without breaking the bank.
   Cost of living score
     CategoriesBentonTennesseeUnited States
  78.789.9100.0
  9595.4100
  98.1100.4100.0
  52.379.4100.0
  $200,500$277,400$338,100
  100.2%96.7%100.0%
  87.390.2100.0
  77.884.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime