Cost of Living in Lamar, MO

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17%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
45%
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 Missouri National
Cost of living8390100
Groceries9596100
Health care9497100
Housing5577100
Transportation9996100
Utilities9395100
Lifestyle & Entertainment9295100
Household Items9597100
Education & Childcare9195100
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Homes For Sale In Lamar, MO

property for sale

376 W State Highway Dd

Lamar, MO
property for sale

1005 Walnut St

Lamar, MO
property for sale

1401 Mill St

Lamar, MO
property for sale

200 Maple St

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

Cost Of Living Quick Facts

  • The cost of living in Lamar is 8% lower than the Missouri average
  • The cost of living in Lamar is 17% 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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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare 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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Milford, MO3945.5%
      Irwin, MO23945.5%
      Golden City, MO6527723.1%
      Sheldon, MO4207821.9%
      Liberal, MO6917821.7%
      Lamar, MO4,3938317.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Argyle, TX4,39315655.6%
      Mather, CA4,39214444.3%
      Lyons, GA4,3928317.3%
      West Wendover, NV4,392991.1%
      Plymouth, NH4,3951033.2%
      Lamar, MO4,3938317.3%
      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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