Cost of Living in Lamar, CO

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6%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
35%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Lamar Colorado National
Cost of living94115100
Groceries105104100
Health care107107100
Housing65136100
Transportation104106100
Utilities108108100
Lifestyle & Entertainment113107100
Household Items105105100
Education & Childcare107111100
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Homes For Sale In Lamar, CO

property for sale

702 S Main St

Lamar, CO
property for sale

804 S 14th St

Lamar, CO
property for sale

406 E Oak St

Lamar, CO
property for sale

400 Oak Rd

Lamar, CO
See the Newest Homes For Sale In Lamar, CO

Cost Of Living Quick Facts

  • The cost of living in Lamar is 18% lower than the Colorado average
  • The cost of living in Lamar is 6% lower than the national average
  • Lamar housing is 35% lower than the national average
  • Colorado general sales tax is 43% lower than the national average
  • Colorado state income tax is 69% higher than the national average

Most Affordable Places to Live in and Around Lamar

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$70,966$5,914$1,656$2,129
      Renters$37,336$3,111$871$1,120
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Lamar, CO, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Lamar homeowners, is $70,966. This would allow for a maximum of $1,656 per month to be spent on housing costs. For renters, the median monthly income is $37,336 which would result in a maximum of $871 to be spent on rental costs.

      Colorado Sales Tax

      State General Sales Tax With Max Surtax
      Colorado 2.9% 10%

      Colorado Income Tax

      State Income Tax (Low) Income Tax (High)
      Colorado 4.4% 4.4%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Wiley, CO357927.8%
      Lamar, CO7,804945.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Bernardsville, NJ7,80417271.7%
      Puslinch, ON7,805n/a 
      Kaufman, TX7,8029010.1%
      Palmyra, PA7,808954.8%
      Hartsville, SC7,799918.7%
      Lamar, CO7,804945.8%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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