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Benson, NC vs Elon, NC

79
Benson
North Carolina
VS
-28.4%
110
Elon
North Carolina

There is a significant gap in the cost of living between these two cities. Benson is 28.4% cheaper than Elon. With a cost index of 79 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Benson to Elon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Benson is $978/month compared to $1,584/month in Elon — a 38% difference. Home values follow the same pattern: Benson is more affordable at $176,000 median vs $355,800.

Median household income in Benson is $65,614 compared to $82,717 in Elon (-20.7%). The higher salaries in Elon partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Benson spend roughly 17.9% of their income on rent, less than the 23% in Elon.

Income & Cost

Cost of Living Index
Benson
79
28% cheaper
Elon
110
Median Household Income
Benson
$65,614
Elon
$82,717
21% higher

Housing

Median Rent
Benson
$978
38% cheaper
Elon
$1,584
Median Home Value
Benson
$176,000
51% cheaper
Elon
$355,800
Population
Benson
4,144
Elon
11,325

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Benson $2.97
Elon $2.97
US $3.07
🥚
Eggs (grade A, large)
Benson $2.42
Elon $2.42
US $2.50
🥛
Milk (whole)
Benson $3.90
Elon $3.90
US $4.03
🍞
Bread (white)
Benson $1.79
Elon $1.79
US $1.85
🍗
Chicken breast
Benson $4.01
Elon $4.01
US $4.14
Electricity
Benson $0.16
Elon $0.16
US $0.19