Bonham, TX vs Shenandoah, TX

There is a significant gap in the cost of living between these two cities. Bonham is 26.1% cheaper than Shenandoah. With a cost index of 79 vs 108, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bonham to Shenandoah should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bonham is $1,029/month compared to $1,325/month in Shenandoah — a 22% difference. Home values follow the same pattern: Bonham is more affordable at $183,600 median vs $396,000.

Median household income in Bonham is $53,232 compared to $67,422 in Shenandoah (-21%). The higher salaries in Shenandoah partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bonham spend roughly 23.2% of their income on rent, less than the 23.6% in Shenandoah.