Cost to Own
United StatesVirginiaChesterfield CountyBensley Population 5,819 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Bensley, Virginia

A $199,000 home here costs

$1,604

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,023. The real number is $581 higher every month — 57% more than the payment most buyers budget for.

Bensley median: $199,100
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $159,200 borrowed $1,023
Property tax0.845% effective rate for Bensley itself $140
Homeowners insuranceVirginia averages $1,199/yr (NAIC), or 0.295% of home value $49
Electricity17.61¢/kWh — Virginia residential average, EIA $158
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $166
Total monthly $1,604

Bensley against Chesterfield County and Virginia

MeasureBensleyChesterfield County
Median home value$199,100$336,700
Median property tax$1,683$2,636
Effective tax rate0.845%0.783%
Median gross rent$1,183$1,542
Population5,819371,610

The weather behind that power bill

Bensley sits in Chesterfield County, which averages a high of 89.5°F in its hottest month and a low of 28.8°F in its coldest, with 45.5" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,561 cooling and 3,736 heating degree days, which is what sets the $158 electricity line above.

See the full climate breakdown for Chesterfield County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Chesterfield County

Full Chesterfield County cost breakdown · Every county in Virginia

Common questions

How much does it cost to own a home in Bensley?

A $199,000 home in Bensley, Virginia costs approximately $1,604 per month with 20% down at 6.66%. That is $1,023 principal and interest, $140 property tax, $49 homeowners insurance, $226 utilities and $166 set aside for maintenance.

What is the property tax rate in Bensley?

Bensley has an effective property tax rate of 0.845%, based on a median home value of $199,100 and median real estate taxes of $1,683. That is higher than the Chesterfield County average of 0.783%.

What is the average home price in Bensley?

The median owner-occupied home value in Bensley, Virginia is $199,100, against $336,700 across Chesterfield County.

Is it cheaper to rent or buy in Bensley?

Median gross rent in Bensley is $1,183 a month, against $1,604 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Bensley — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Virginia.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology