Ballinger, TX vs Bonham, TX

Ballinger is moderately more affordable than Bonham, with a 11.3% lower cost of living index. Ballinger scores 70 compared to 79 for Bonham, where the US average is 100. This difference means residents of Bonham can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ballinger is $935/month compared to $1,029/month in Bonham — a 9% difference. Home values follow the same pattern: Ballinger is more affordable at $109,000 median vs $183,600.

Median household income in Ballinger is $61,250 compared to $53,232 in Bonham (+15.1%). Ballinger offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ballinger spend roughly 18.3% of their income on rent, less than the 23.2% in Bonham.