Lamar, CO, has a lower cost of living compared to the nationwide average. The overall cost of living index in Lamar is 88, which is 12% lower than the national average of 100. Housing costs in Lamar are notably lower, at 78, which is 22% below the national average. This makes Lamar an attractive option for those seeking a more affordable lifestyle without significant sacrifices in other areas.
Lamar, CO, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Lamar stand at 78, indicating that residents can expect to pay 22% less than the average American. This lower cost of housing can be a significant advantage for those looking to settle in Lamar, as it provides more financial flexibility for other expenses.
In addition to housing, Lamar's other cost categories also show a favorable comparison to the national average. Groceries cost 92, which is 8% less than the average. Utilities are priced at 95, just 5% above the national average. Transportation costs are at 90, meaning they are 10% lower. Healthcare costs are at 88, which is 12% less. Miscellaneous expenses are at 85, representing 15% below the national average. Overall, Lamar offers a cost of living that is 12% lower than the nationwide average, making it an attractive option for those seeking affordability without sacrificing quality of life.
