Cost of Living in Benton, IL
Housing
The housing market plays a significant role in determining the cost of living in Benton, IL.
- Housing Index: 75.0 / 100
- Median Home Price is: $219,900
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $1200 per month
Considering a move to Benton, IL? With a population of , this community may offer a cozy feel ideal for families. The median age of suggests a mature, potentially stable atmosphere. Economically, a median income of provides various living standards; however, a poverty level of indicates some economic challenges. The 3.5% unemployment rate is relatively low, suggesting good job opportunities. Additionally, 40% of households are married families, hinting at a community-oriented environment. Overall, weigh these factors to decide if this locale aligns with your lifestyle preferences.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Benton, IL.
- Electricity Price: $16.15 USD (median by state)
- Natural Gas Price: $16.59 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Benton, IL could entail higher utility costs. Electricity costs sit at $16.15, while natural gas is priced at $16.59 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Benton is a financially viable option for your relocation.