Cost of Living in Lamar, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.5
100 = national avg
-29.5 vs national average
Living Wage (1 Adult)
$31,019
per year
Living Wage (Family of 4)
$73,317
per year
Cost Index by Category
Housing76.4
Food76.7
Transportation53.3
Healthcare81.3
Utilities81.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$734
per month
2 Bedroom
$888
per month
The overall cost of living index in Lamar is 70.5, which is 29.5% below the national average. Housing costs are below the national average at an index of 76.4. A single adult needs to earn approximately $31,019 per year to cover basic expenses.