Lamar, AR vs Taylor, AR
Lamar is moderately more affordable than Taylor, with a 12.4% lower cost of living index. Lamar scores 60 compared to 68 for Taylor, where the US average is 100. This difference means residents of Taylor 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 $960/month in Taylor — a 40% difference. Interestingly, home values tell a different story: while Lamar has cheaper rent, Taylor actually has lower median home values ($100,000 vs $139,500).
Median household income in Lamar is $41,579 compared to $56,250 in Taylor (-26.1%). While Taylor 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 20.5% in Taylor.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?