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Benton, KY vs Midway, KY

71
Benton
Kentucky
VS
-11.8%
80
Midway
Kentucky

Benton is moderately more affordable than Midway, with a 11.8% lower cost of living index. Benton scores 71 compared to 80 for Midway, where the US average is 100. This difference means residents of Midway can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Benton is $839/month compared to $902/month in Midway — a 7% difference. Home values follow the same pattern: Benton is more affordable at $159,600 median vs $247,700.

Median household income in Benton is $63,368 compared to $59,609 in Midway (+6.3%). Benton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Benton spend roughly 15.9% of their income on rent, less than the 18.2% in Midway.

Income & Cost

Cost of Living Index
Benton
71
12% cheaper
Midway
80
Median Household Income
Benton
$63,368
6% higher
Midway
$59,609

Housing

Median Rent
Benton
$839
7% cheaper
Midway
$902
Median Home Value
Benton
$159,600
36% cheaper
Midway
$247,700
Population
Benton
4,774
Midway
1,748

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Benton
Midway $2.89
US $3.07
🥚
Eggs (grade A, large)
Benton
Midway $2.36
US $2.50
🥛
Milk (whole)
Benton
Midway $3.80
US $4.03
🍞
Bread (white)
Benton
Midway $1.75
US $1.85
🍗
Chicken breast
Benton
Midway $3.91
US $4.14
Electricity
Benton
Midway $0.15
US $0.19