Cost to Own
United StatesUtahCache CountyBenson Population 1,864 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Benson, Utah

A $281,000 home here costs

$2,059

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

A standard mortgage calculator would have told you $1,445. The real number is $614 higher every month — 43% more than the payment most buyers budget for.

Benson median: $281,400
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, $224,800 borrowed $1,445
Property tax0.656% effective rate for Benson itself $154
Homeowners insuranceUtah averages $831/yr (NAIC), or 0.18% of home value $42
Electricity12.96¢/kWh — Utah residential average, EIA $117
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $234
Total monthly $2,059

Benson against Cache County and Utah

MeasureBensonCache County
Median home value$281,400$392,800
Median property tax$1,846$1,929
Effective tax rate0.656%0.491%
Median gross rent$964$1,137
Population1,864137,031

The weather behind that power bill

Benson sits in Cache County, which averages a high of 88.2°F in its hottest month and a low of 17.6°F in its coldest, with 18.97" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 719 cooling and 6,693 heating degree days, which is what sets the $117 electricity line above.

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

Other cities in Cache County

Full Cache County cost breakdown · Every county in Utah

Common questions

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

A $281,000 home in Benson, Utah costs approximately $2,059 per month with 20% down at 6.66%. That is $1,445 principal and interest, $154 property tax, $42 homeowners insurance, $185 utilities and $234 set aside for maintenance.

What is the property tax rate in Benson?

Benson has an effective property tax rate of 0.656%, based on a median home value of $281,400 and median real estate taxes of $1,846. That is higher than the Cache County average of 0.491%.

What is the average home price in Benson?

The median owner-occupied home value in Benson, Utah is $281,400, against $392,800 across Cache County.

Is it cheaper to rent or buy in Benson?

Median gross rent in Benson is $964 a month, against $2,059 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 Utah.
  • 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