Safe Rate Local

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.

← Back to Lamar County Hub

Rent vs. Buy Affordability Calculator

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

$65,618
$935/mo

Median in area: $935

$187,650

Median in area: $187,650

$37,530

If you Rent

🔑
$1,073 /mo
Base Rent$935
Est. Utilities$138
% of Income19.6%
Pre-tax Residual$4,395

If you Buy

🏠
$1,449 /mo
P&I (7.173%)$1,016
Taxes & Ins$295
Est. Utilities$138
% of Income26.5%
Pre-tax Residual$4,019

Compare Nearby Areas

See how Lamar County stacks up against neighboring areas.

countyBryan County, OK
$956/mo
countyFannin County, TX
$1,071/mo
countyRed River County, TX
$1,001/mo
countyChoctaw County, OK
$715/mo
countyDelta County, TX
$1,006/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 $1,073, while owning a median-priced home with a 20% down payment is roughly $1,449 per month (a difference of $376).

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 $138. 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 $42,920 per year.