Bonham, TX vs Forney, TX

There is a significant gap in the cost of living between these two cities. Bonham is 29.6% cheaper than Forney. With a cost index of 79 vs 113, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bonham to Forney should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bonham is $1,029/month compared to $1,665/month in Forney — a 38% difference. Home values follow the same pattern: Bonham is more affordable at $183,600 median vs $323,500.

Median household income in Bonham is $53,232 compared to $103,360 in Forney (-48.5%). While Forney is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bonham spend roughly 23.2% of their income on rent, more than the 19.3% in Forney.