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Cost of Living in Lamar County

Is it better to rent or buy in Lamar County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$75,732
$1,203/mo

Median in area: $1,203

$222,266

Median in area: $222,266

$44,453

If you Rent

🔑
$1,385 /mo
Base Rent$1,203
Est. Utilities$182
% of Income21.9%
Pre-tax Residual$4,926

If you Buy

🏠
$1,600 /mo
P&I (7.062%)$1,190
Taxes & Ins$228
Est. Utilities$182
% of Income25.4%
Pre-tax Residual$4,711

Compare Nearby Areas

See how Lamar County stacks up against neighboring areas.

countyJefferson Davis County, MS
$708/mo
countyCovington County, MS
$686/mo
countyPearl River County, MS
$955/mo
countyMarion County, MS
$818/mo
countyForrest County, MS
$969/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Lamar County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Lamar County. The estimated all-in monthly cost for renting is $1,385, while owning a median-priced home with a 20% down payment is roughly $1,600 per month (a difference of $215).

How much do utilities cost in Lamar County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Lamar County is approximately $182. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Lamar County?›

To comfortably afford the median rent and utilities in Lamar County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $55,400 per year.