The cost of living index in Bonham, TX, shows a generally favorable comparison to the nationwide average, which is set at 100. Housing costs in Bonham stand at 75, indicating a 25% lower expense compared to the national average. This suggests that housing is notably more affordable in Bonham.
Other categories also reflect a positive trend. For instance, groceries cost 90, which is 10% lower than the national average. Utilities are at 95, just 5% below the average, while transportation costs are at 85, 15% lower. Healthcare costs match the national average at 100, and miscellaneous expenses are at 80, 20% lower. Overall, Bonham offers a cost of living that is competitive and often more affordable than the national average.
The cost of living index in Bonham, TX, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Bonham are notably lower, with an index of 75. This means that housing expenses in Bonham are 25% less than the national average. For job seekers, this could represent significant savings, allowing for a higher quality of life or the ability to allocate funds to other areas.
Bonham also shows a relatively low cost in miscellaneous expenses, with an index of 80. This indicates that everyday items and services are 20% cheaper than the national average. Additionally, groceries and utilities are slightly below the national average, with indices of 90 and 95, respectively. This means groceries are 10% cheaper, and utilities are 5% cheaper. Transportation costs are also favorable, with an index of 85, which is 15% less than the national average. Healthcare costs remain on par with the national average, with an index of 100. Overall, these figures suggest that living in Bonham, TX, can be more affordable for many essential expenses.
