Lamar, AR vs Sheridan, AR

Lamar is moderately more affordable than Sheridan, with a 13.5% lower cost of living index. Lamar scores 60 compared to 69 for Sheridan, where the US average is 100. This difference means residents of Sheridan 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 $757/month in Sheridan — a 24% difference. Home values follow the same pattern: Lamar is more affordable at $139,500 median vs $182,300.

Median household income in Lamar is $41,579 compared to $61,025 in Sheridan (-31.9%). While Sheridan 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, more than the 14.9% in Sheridan.