Benton is a small town located in Maine. It is home to some local businesses, such as the Benton Grocery Store, Benton Hardware, and a few other small businesses. The cost of living in Benton is quite affordable compared to the US average. The median rent for a two bedroom apartment or house in Benton is $960 whereas the national average for a two bedroom rental is $1,430. Additionally, the grocery cost index in Benton is 105 compared to the national average of 100, which means groceries are relatively inexpensive here as well. All in all, Benton is an affordable place to live with plenty of local amenities and resources available.
Benton has an unemployment rate of 4.7%. The US average is 6.0%.
Benton has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for Benton
- The Sales Tax Rate for Benton is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Benton is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Benton
- The average income of a Benton resident is $22,237 a year. The US average is $28,555 a year.
- The Median household income of a Benton resident is $54,256 a year. The US average is $69,021 a year.