Bonham, TX vs Howe, TX

Bonham, TX and Howe, TX have a very similar cost of living, with only a 4.6% difference in their overall index. Bonham scores 79 while Howe scores 83 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Bonham is $1,029/month compared to $1,167/month in Howe — a 12% difference. Home values follow the same pattern: Bonham is more affordable at $183,600 median vs $190,000.

Median household income in Bonham is $53,232 compared to $57,417 in Howe (-7.3%). While Howe 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, less than the 24.4% in Howe.