Housing costs in Bonham?
A typical home costs
$202,600, which is 40.1% less expensive than the national average of
$338,100 and 31.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Bonham costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 45.5% cheaper than the state average of
$1,280.
Can I afford Bonham?
To live comfortably in Bonham (zip 75418), Texas, a minimum annual income of
$38,880 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Bonham?
The cost of living in 75418 Bonham, TX is relatively affordable. A recent survey found that the median home value in this zip code is $53,121, which is noticeably lower than the United States average of $194,500. Rent prices are also below average with a median rent price of $734 compared to the national median rent price of $949. Additionally, grocery costs in this area tend to be slightly lower than other parts of the state and country. Overall, Bonham is an excellent location for those looking for a more affordable cost of living without sacrificing necessary amenities.