What is the cost of living in Bonham, TX?
According to the most recent data on the cost of living, Bonham has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Texas, Bonham has a cost of living index that's 0.9x lower than Texas's index of 93.
The standard of living in Bonham ranks as #77 most affordable out of the 419 places we measured in Texas. By definition, that implies Bonham ranks as the #342 most expensive place in the Lone Star State.
For more reading on life in Bonham, check out:
Bonham Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Bonham. Here is how it fares on each of the criteria:
The Services index in Bonham is 95.
The Groceries index in Bonham is 102.
The Health index in Bonham is 61.
The Housing index in Bonham is 97.
The Transportation index in Bonham is 100.
The Utilities index in Bonham is 102.
| Living Expense | Bonham | Texas | National Average |
|---|---|---|---|
| Overall | 88 | 93 | 100 |
| Services | 95 | 100 | 100 |
| Groceries | 102 | 99 | 100 |
| Health | 61 | 81 | 100 |
| Housing | 97 | 97 | 100 |
| Transportation | 100 | 103 | 100 |
| Utilities | 102 | 100 | 100 |
Bonham Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, check out:
Protect your home budget Compare home warranties in Bonham Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Bonham, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Bonham is $226,435.
The Median Rent in Bonham is $1,073.
The Median Income in Bonham is $57,681.
The Home Value To Income in Bonham is 3.9x.
The Rent To Monthly Income in Bonham is 0.22x.
Bonham, TX Costs By Category
Detailed Bonham Services costs vs. Texas
Detailed Bonham Groceries costs vs. Texas
Detailed Bonham Health costs vs. Texas
Detailed Bonham Transportation costs vs. Texas
Bonham SnackAbility
Cost Of Living In Cities Around Bonham
The cost of living varies in the cities and towns around Bonham. Here's a quick look at the cost of living in the most populous nearby places:
Plano, TX has a cost of living index of 120, 1.4x Bonham.
Frisco, TX has a cost of living index of 133, 1.5x Bonham.
McKinney, TX has a cost of living index of 122, 1.4x Bonham.
| City | Population | Cost Of Living | Vs. Bonham |
|---|---|---|---|
| Plano, TX | 290,594 | 120 | 1.4x |
| Frisco, TX | 219,304 | 133 | 1.5x |
| McKinney, TX | 210,600 | 122 | 1.4x |
| Allen, TX | 110,265 | 120 | 1.4x |
| Rockwall, TX | 51,168 | 111 | 1.3x |
| Sherman, TX | 46,397 | 93 | 1.1x |
| Sachse, TX | 30,491 | 112 | 1.3x |
| Denison, TX | 25,778 | 91 | 1.0x |
| Murphy, TX | 21,188 | 131 | 1.5x |
| Sulphur Springs, TX | 16,401 | 91 | 1.0x |
