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Balch Springs, TX vs Bonham, TX

91
Balch Springs
Texas
VS
+14.7%
79
Bonham
Texas

Bonham is moderately more affordable than Balch Springs, with a 14.7% lower cost of living index. Balch Springs scores 91 compared to 79 for Bonham, where the US average is 100. This difference means residents of Balch Springs can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Balch Springs is $1,260/month compared to $1,029/month in Bonham — a 22% difference. Home values follow the same pattern: Bonham is more affordable at $183,600 median vs $208,200.

Median household income in Balch Springs is $70,528 compared to $53,232 in Bonham (+32.5%). While Balch Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Balch Springs spend roughly 21.4% of their income on rent, less than the 23.2% in Bonham.

Income & Cost

Cost of Living Index
Balch Springs
91
Bonham
79
13% cheaper
Median Household Income
Balch Springs
$70,528
25% higher
Bonham
$53,232

Housing

Median Rent
Balch Springs
$1,260
Bonham
$1,029
18% cheaper
Median Home Value
Balch Springs
$208,200
Bonham
$183,600
12% cheaper
Population
Balch Springs
27,181
Bonham
10,594

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Balch Springs $3.18
Bonham
US $3.07
🥚
Eggs (grade A, large)
Balch Springs $2.59
Bonham
US $2.50
🥛
Milk (whole)
Balch Springs $4.17
Bonham
US $4.03
🍞
Bread (white)
Balch Springs $1.92
Bonham
US $1.85
🍗
Chicken breast
Balch Springs $4.29
Bonham
US $4.14
Electricity
Balch Springs $0.18
Bonham
US $0.19