Bynum, TX vs Retreat, TX
There is a significant gap in the cost of living between these two cities. Bynum is 26.7% cheaper than Retreat. With a cost index of 71 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bynum to Retreat should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bynum is $950/month compared to $1,583/month in Retreat — a 40% difference. Home values follow the same pattern: Bynum is more affordable at $104,700 median vs $184,500.
Median household income in Bynum is $58,750 compared to $86,667 in Retreat (-32.2%). While Retreat is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bynum spend roughly 19.4% of their income on rent, less than the 21.9% in Retreat.
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