The cost of living index in Bonham, TX, reveals a generally favorable comparison to the nationwide average of 100. Housing stands at 75, which is 25% lower than the national average. This makes housing notably more affordable in Bonham.
Bonham's other cost indices also show competitive levels. Groceries cost 90, which is only 10% below the average. Utilities at 95, healthcare at 92, transportation at 85, and miscellaneous expenses at 88 all point to a relatively balanced cost of living. Professionals relocating to Bonham can expect a cost of living that is mostly in line with the national average.
The cost of living in Bonham, TX, presents a unique blend of affordability and reasonable expenses compared to the nationwide average. Housing in Bonham stands at 75 on the cost of living index, which is 25% lower than the national average. This means that residents can expect to spend less on rent or mortgage payments, making it easier to manage housing costs in this area.
Additionally, the cost of groceries in Bonham is set at 90, which is 10% lower than the national average of 100. This indicates that residents will find groceries to be slightly more affordable compared to the rest of the country. Other expenses, such as utilities, transportation, healthcare, and miscellaneous costs, are also more reasonable in Bonham. For instance, utilities are priced at 95, transportation at 85, healthcare at 92, and miscellaneous expenses at 88. Each of these categories falls within 5% of the national average, making them very comparable. In summary, the cost of living in Bonham offers a balanced and often lower expense structure for professional job seekers.
