Lamar, MO vs Neosho, MO

Lamar, MO and Neosho, MO have a very similar cost of living, with only a 3.5% difference in their overall index. Lamar scores 67 while Neosho scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Lamar is $830/month compared to $737/month in Neosho — a 13% difference. Interestingly, home values tell a different story: while Neosho has cheaper rent, Lamar actually has lower median home values ($114,800 vs $148,600).

Median household income in Lamar is $34,894 compared to $55,159 in Neosho (-36.7%). Neosho offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lamar spend roughly 28.5% of their income on rent, more than the 16% in Neosho.