Cost of Living in Bonham, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
94.2
100 = national avg
-5.8 vs national average
Living Wage (1 Adult)
$41,466
per year
Living Wage (Family of 4)
$98,012
per year
Cost Index by Category
Housing106.8
Food90.7
Transportation81.4
Healthcare92.5
Utilities95.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$751
per month
2 Bedroom
$985
per month
The overall cost of living index in Bonham is 94.2, which is 5.8% below the national average. Housing costs are above the national average at an index of 106.8. A single adult needs to earn approximately $41,466 per year to cover basic expenses.