Lamar, CO vs Sherrelwood, CO

The cost of living difference between Lamar, CO and Sherrelwood, CO is dramatic. Lamar is 39.8% cheaper than Sherrelwood, a gap that translates to thousands of dollars per year in household expenses. Lamar has a cost index of 72 while Sherrelwood sits at 120, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lamar is $844/month compared to $1,627/month in Sherrelwood — a 48% difference. Home values follow the same pattern: Lamar is more affordable at $137,100 median vs $412,200.

Median household income in Lamar is $58,487 compared to $73,849 in Sherrelwood (-20.8%). The higher salaries in Sherrelwood partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lamar spend roughly 17.3% of their income on rent, less than the 26.4% in Sherrelwood.