Housing costs in Lamar?
A typical home costs
$147,000, which is 56.5% less expensive than the national average of
$338,100 and 72.1% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Lamar costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 83.3% cheaper than the state average of
$1,650.
Can I afford Lamar?
To live comfortably in Lamar, Colorado, a minimum annual income of
$28,080 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Lamar?
The cost of living in Lamar, CO is quite reasonable. The city has an average cost of living index that is slightly below the national average, making it an affordable place to live. Goods and services tend to be very reasonably priced, and the median house value is just over $120,000. Renting a two-bedroom apartment costs around $750 per month, and groceries are relatively inexpensive. Overall, Lamar provides great value for its residents when it comes to cost of living expenses.