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Graford, TX vs Honey Grove, TX

68
Graford
Texas
VS
+16.6%
59
Honey Grove
Texas

There is a significant gap in the cost of living between these two cities. Honey Grove is 16.6% cheaper than Graford. With a cost index of 59 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Honey Grove to Graford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Graford is $875/month compared to $539/month in Honey Grove — a 62% difference. Interestingly, home values tell a different story: while Honey Grove has cheaper rent, Graford actually has lower median home values ($106,700 vs $112,100).

Median household income in Graford is $57,917 compared to $47,225 in Honey Grove (+22.6%). While Graford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Graford spend roughly 18.1% of their income on rent, more than the 13.7% in Honey Grove.

Climate-wise, both cities share similar average temperatures (65.1°F vs 65°F). Honey Grove receives more rainfall at 38.3" per year compared to 31.8" in Graford.

Income & Cost

Cost of Living Index
Graford
68
Honey Grove
59
14% cheaper
Median Household Income
Graford
$57,917
18% higher
Honey Grove
$47,225

Housing

Median Rent
Graford
$875
Honey Grove
$539
38% cheaper
Median Home Value
Graford
$106,700
5% cheaper
Honey Grove
$112,100
Population
Graford
632
Honey Grove
1,886

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Graford 65.1°F
Honey Grove 65°F
Summer High
Graford 96°F
Honey Grove 95°F
Winter Low
Graford 33°F
Honey Grove 34°F
Rainfall
Graford 31.8"
Honey Grove 38.3"
Rainy Days
Graford 77d
Honey Grove 90d