Zip 74850 (Lamar, OK) Cost of Living


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United States / Oklahoma / No Metro Area / Hughes County / Lamar / Lamar (zip 74850)

Lamar cost of living score
73
Less expensive
27.0% lower
than the US average
11.2% lower
than the Oklahoma average
Lamar (zip 74850), Oklahoma gets a BestPlaces Cost of Living score of 73, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.0% lower than the U.S. average and 11.2% higher than the average for Oklahoma.

Zip 74850 (Lamar, OK)

Housing costs in Lamar?
A typical home costs $146,800, which is 56.6% less expensive than the national average of $338,100 and 15.9% less expensive than the average Oklahoma home, at $174,600. Renting a two-bedroom unit in Lamar costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 16.3% cheaper than the state average of $930.

Can I afford Lamar?
To live comfortably in Lamar (zip 74850), Oklahoma, a minimum annual income of $28,080 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Lamar?
The cost of living in 74850 Lamar, OK is relatively low compared to other parts of the country. The median home cost in Lamar is around $128,000, which is much lower than the national average of $231,200. The unemployment rate for the area is 4.0%, which is slightly higher than the national average of 3.9%. Additionally, food costs are close to 7% lower than the national average and utility costs are about 6% lower. All in all, living in 74850 Lamar, OK can be quite economical and attractive to those looking for a place to call home.
   Cost of living score
     CategoriesLamarOklahomaUnited States
  73.082.2100.0
  90.592.3100
  128.9113.8100.0
  44.950.3100.0
  $146,800$174,600$338,100
  99.9%99.7%100.0%
  80.789.2100.0
  70.783.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime