Cost of Living in Benson, NC

Population 4,144 · North Carolina · Data vintage 2023

64
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Benson can reasonably expect a home to cost less than three years of household income — $176,000 against $65,614 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. At 9.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 30 miles south of Raleigh, Benson falls within that metro's commuting orbit. Median home values run roughly 53% lower than Raleigh's $378,000.

Cost Overview

Housing 58
Rent 74

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Benson

The median home value in Benson is $176,000 — 42% below the national median of $305,000. Median rent runs $978/month, 26% lower than the national median of $1,314/month. The median household income of $65,614/year is 12% lower than the US median of $74,580. The local unemployment rate is 9.8%, above the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 73.6°F and lows of 53.1°F, with about 2" of annual snowfall. Overall, Benson has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.

🏠 Housing

Median Home Value
$176,000
42% below avg
Zillow Home Value
$313,372
Zillow ZHVI
Median Rent
$978/mo
26% below avg
Price-to-Rent Ratio
15.0x
Favors buying
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$826
1 BR
$860
2 BR
$1,049
3 BR
$1,384
4 BR
$1,637
Owner-occupied 52.8%
Renter-occupied 47.2%

💰 Estimated Monthly Budget

Rent median rent
$978
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,592/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.9 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.7%

Commute Mode

Drove alone
74.4%
Carpooled
6.6%
Public transit
3.3%
Work from home
15.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 7.0%
State rate 4.8%
Avg local rate 2.2%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$65,614
12% below avg
Per Capita Income
$26,918
Unemployment Rate
9.8%
103% above avg
Poverty Rate
32.9%
Labor Force Participation
62.4%

🎓 Education

Bachelor's degree+ 16.1%
Graduate degree 4.7%

👥 Demographics

Median Age 35
Male median age 27.9
Female median age 38.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
73.6°F
Avg Low
53.1°F
Annual Precip
52.3"
Annual Snowfall
2"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 545865758288918983756657
Low °F 353643516069727166544337
Precip" 3.553.244.223.903.524.405.426.427.033.793.173.60
Snow" 1.30.00.00.00.00.00.00.00.00.00.00.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
65.8%
Good air days/yr
115
Max AQI recorded
240
PM2.5 days
125
Ozone days

Frequently Asked Questions

What is the cost of living in Benson, NC?

Benson has a cost index of 64 (100 = national average). It is 36% below the national average.

What is average rent in Benson, NC?

The median gross rent in Benson is $978 per month based on 2023 Census data.

What is the average home price in Benson?

The median home value in Benson is $176,000 according to Zillow and Census data.

What is the median income in Benson?

The median household income in Benson is $65,614 per year (2023 ACS 5-year estimates).

What is the sales tax in Benson, NC?

The combined state and local sales tax rate in Benson is 7.0%. The North Carolina state income tax top rate is 4.5%.

Is Benson, NC affordable?

Yes, Benson is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.

What is the weather like in Benson?

Benson has average high temperatures of 73.6°F and average lows of 53.1°F. Annual precipitation is 52.3". Average annual snowfall is 2". Data from NOAA 1991–2020 Climate Normals.

Benson at a Glance

Population
4,144
Median Income
$65,614
Home Value
$176,000
Median Rent
$978/mo
Unemployment
9.8%
Avg High Temp
73.6°F
Sales Tax
7.0%
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