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Benton, TN vs Elkton, TN

61
Benton
Tennessee
VS
-20.2%
77
Elkton
Tennessee

There is a significant gap in the cost of living between these two cities. Benton is 20.2% cheaper than Elkton. With a cost index of 61 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Benton to Elkton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Benton is $530/month compared to $922/month in Elkton — a 43% difference. Home values follow the same pattern: Benton is more affordable at $167,700 median vs $205,600.

Median household income in Benton is $35,000 compared to $70,625 in Elkton (-50.4%). While Elkton 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 18.2% of their income on rent, more than the 15.7% in Elkton.

Income & Cost

Cost of Living Index
Benton
61
20% cheaper
Elkton
77
Median Household Income
Benton
$35,000
Elkton
$70,625
50% higher

Housing

Median Rent
Benton
$530
43% cheaper
Elkton
$922
Median Home Value
Benton
$167,700
18% cheaper
Elkton
$205,600
Population
Benton
1,349
Elkton
468

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Benton $2.89
Elkton
US $3.07
🥚
Eggs (grade A, large)
Benton $2.36
Elkton
US $2.50
🥛
Milk (whole)
Benton $3.80
Elkton
US $4.03
🍞
Bread (white)
Benton $1.74
Elkton
US $1.85
🍗
Chicken breast
Benton $3.91
Elkton
US $4.14
Electricity
Benton $0.14
Elkton
US $0.19