Cost of Living in Benson, UT
Population: 1,864 | Utah
Benson is 15% less expensive than the national average.
Cost of Living in Benson, UT: What You Need to Know
With a cost of living index of 85, Benson, UT is a very affordable place to live. Living here is 15% cheaper than the national average and 23% below the Utah state average of 108. Benson is a small community of 1,864 residents.
Housing costs are the biggest factor in Benson's cost of living. The median monthly rent is $964 (27% below the US median of $1,319), and the median home value sits at $281,400 (8% below the national median of $304,900). At current prices, the median home costs roughly 3.4x the median household income — a moderately affordable ratio by today's standards.
The median household income in Benson is $82,019, which is 9% higher than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Everyday prices in the Logan, UT-ID (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $82,019
- vs US Median ($75,149)
- +9%
Housing
- Median Rent
- $964/mo
- Median Home Value
- $281,400
Everyday Prices in Benson
BLS Average Prices for the Logan, UT-ID (Metropolitan Statistical Area) area