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Lamar, AR vs Palestine, AR

60
Lamar
Arkansas
VS
+7.3%
56
Palestine
Arkansas

Palestine is moderately more affordable than Lamar, with a 7.3% lower cost of living index. Lamar scores 60 compared to 56 for Palestine, where the US average is 100. This difference means residents of Lamar can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lamar is $575/month compared to $663/month in Palestine — a 13% difference. Interestingly, home values tell a different story: while Lamar has cheaper rent, Palestine actually has lower median home values ($57,600 vs $139,500).

Median household income in Lamar is $41,579 compared to $34,896 in Palestine (+19.2%). While Lamar is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lamar spend roughly 16.6% of their income on rent, less than the 22.8% in Palestine.

Income & Cost

Cost of Living Index
Lamar
60
Palestine
56
7% cheaper
Median Household Income
Lamar
$41,579
16% higher
Palestine
$34,896

Housing

Median Rent
Lamar
$575
13% cheaper
Palestine
$663
Median Home Value
Lamar
$139,500
Palestine
$57,600
59% cheaper
Population
Lamar
1,826
Palestine
665

Salary Equivalency Calculator

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