Housing costs in Lamar?
A typical home costs
$148,300, which is 56.1% less expensive than the national average of
$338,100 and 18.4% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Lamar costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$840.
Can I afford Lamar?
To live comfortably in Lamar, Arkansas, a minimum annual income of
$28,440 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Lamar?
The cost of living in Lamar, AR is quite reasonable. The city's median home value is estimated to be around $69,100, making it one of the most affordable places to live in the state. Additionally, utility costs are low and groceries are reasonably priced. Sales taxes are lower than the average for the region and overall prices for goods and services tend to be slightly lower than surrounding areas. This makes Lamar a great place for anyone looking for an inexpensive yet comfortable place to live.