Cost to Own
United StatesArizonaCochise CountyBenson Population 5,331 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Benson, Arizona

A $146,000 home here costs

$1,195

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

A standard mortgage calculator would have told you $751. The real number is $444 higher every month — 59% more than the payment most buyers budget for.

Benson median: $145,700
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, $116,800 borrowed $751
Property tax0.717% effective rate for Benson itself $87
Homeowners insuranceArizona averages $917/yr (NAIC), or 0.252% of home value $31
Electricity15.23¢/kWh — Arizona residential average, EIA $137
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $122
Total monthly $1,195

Benson against Cochise County and Arizona

MeasureBensonCochise County
Median home value$145,700$207,400
Median property tax$1,045$1,325
Effective tax rate0.717%0.639%
Median gross rent$759$939
Population5,331125,458

The weather behind that power bill

Benson sits in Cochise County, which averages a high of 94.8°F in its hottest month and a low of 29.1°F in its coldest, with 12.19" of precipitation a year and 57% of it in a single three-month stretch. That climate drives 1,581 cooling and 2,827 heating degree days, which is what sets the $137 electricity line above.

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

Other cities in Cochise County

Full Cochise County cost breakdown · Every county in Arizona

Common questions

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

A $146,000 home in Benson, Arizona costs approximately $1,195 per month with 20% down at 6.66%. That is $751 principal and interest, $87 property tax, $31 homeowners insurance, $205 utilities and $122 set aside for maintenance.

What is the property tax rate in Benson?

Benson has an effective property tax rate of 0.717%, based on a median home value of $145,700 and median real estate taxes of $1,045. That is higher than the Cochise County average of 0.639%.

What is the average home price in Benson?

The median owner-occupied home value in Benson, Arizona is $145,700, against $207,400 across Cochise County.

Is it cheaper to rent or buy in Benson?

Median gross rent in Benson is $759 a month, against $1,195 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 Benson — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Arizona.
  • 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