Cost of Living in Lamar, MO

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A+
22%
Overall NAT. AVG.
17%
Goods & Services NAT. AVG.
45%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Lamar Missouri National
Cost of living7888100
Goods & Services8494100
Groceries9496100
Health care77100100
Housing5577100
Transportation8987100
Utilities9692100
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Homes For Sale In Lamar, MO

property for sale

60 NW 58th Ln

Lamar, MO
property for sale

222 SE 30th Rd

Lamar, MO
property for sale

111 Maple St

Lamar, MO
property for sale

1807 Heagon St

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

Cost Of Living Quick Facts

  • The cost of living in Lamar is 12% lower than the Missouri average
  • The cost of living in Lamar is 22% lower than the national average
  • Lamar housing is 45% lower than the national average
  • Missouri general sales tax is 17% lower than the national average
  • Missouri state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Lamar

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Compare Lamar, MO Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$73,660$6,138$1,719$2,210
      Renters$29,812$2,484$696$894
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Lamar, MO, 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 $73,660. This would allow for a maximum of $1,719 per month to be spent on housing costs. For renters, the median monthly income is $29,812 which would result in a maximum of $696 to be spent on rental costs.

      Missouri Sales Tax

      State General Sales Tax With Max Surtax
      Missouri 4.225% 10.85%

      Missouri Income Tax

      State Income Tax (Low) Income Tax (High)
      Missouri 2% 4.95%

      Goods & Services

      Item Lamar National avg. Difference
      Haircut $29.81$27.627.9%
      Beauty Salon $44.69$51.1112.6%
      Toothpaste $4.06$4.090.8%
      Shampoo $1.16$1.5424.8%
      Movie $7.28$12.8843.5%
      Yoga $9.95$19.6649.4%

      Groceries

      Item Lamar National avg. Difference
      Ground Beef $7.66$7.700.6%
      Fried Chicken $1.50$1.669.8%
      Milk $4.49$4.735.1%
      Potatoes $5.31$5.261.0%
      Pizza $11.39$12.7610.8%
      Beer $9.96$10.555.6%

      Health Care

      Item Lamar National avg. Difference
      Optometrist $100.85$140.0628.0%
      Doctor $111.04$153.8227.8%
      Dentist $103.94$123.1515.6%
      Ibuprofen $11.31$11.733.6%
      Lipitor $14.94$23.6136.7%

      Housing

      Item Lamar National avg. Difference
      Home Price $156,341.00$326,622.0052.1%
      Avg. Mortgage Payment $1,918.43$2,480.2522.7%
      Apartment Rent $1,052.00$1,444.0027.1%

      Transportation

      Item Lamar National avg. Difference
      Gasoline $2.77$3.069.5%
      Tire Balancing $55.72$65.2114.6%

      Utilities

      Item Lamar National avg. Difference
      All Electricity $198.20$220.1210.0%
      Phone $206.73$195.715.6%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Irwin, MO238812.3%
      Milford, MO38812.3%
      Golden City, MO6527524.5%
      Sheldon, MO4207326.6%
      Liberal, MO6917426.4%
      Lamar, MO4,3937822.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Argyle, TX4,39315656.0%
      Mather, CA4,39214747.2%
      Lyons, GA4,3927722.8%
      West Wendover, NV4,392973.4%
      Plymouth, NH4,3951076.8%
      Lamar, MO4,3937822.0%
      Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
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