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Benton, KY vs Munfordville, KY

71
Benton
Kentucky
VS
+19.3%
59
Munfordville
Kentucky

There is a significant gap in the cost of living between these two cities. Munfordville is 19.3% cheaper than Benton. With a cost index of 59 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Munfordville to Benton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Benton is $839/month compared to $602/month in Munfordville — a 39% difference. Home values follow the same pattern: Munfordville is more affordable at $107,800 median vs $159,600.

Median household income in Benton is $63,368 compared to $23,879 in Munfordville (+165.4%). While Benton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Benton spend roughly 15.9% of their income on rent, less than the 30.3% in Munfordville. The Benton ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Benton
71
Munfordville
59
16% cheaper
Median Household Income
Benton
$63,368
62% higher
Munfordville
$23,879

Housing

Median Rent
Benton
$839
Munfordville
$602
28% cheaper
Median Home Value
Benton
$159,600
Munfordville
$107,800
32% cheaper
Population
Benton
4,774
Munfordville
1,792

Salary Equivalency Calculator

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