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Lamar, MO vs Princeton, MO

67
Lamar
Missouri
VS
+25%
53
Princeton
Missouri

There is a significant gap in the cost of living between these two cities. Princeton is 25% cheaper than Lamar. With a cost index of 53 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Princeton to Lamar should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lamar is $830/month compared to $514/month in Princeton — a 62% difference. Home values follow the same pattern: Princeton is more affordable at $69,200 median vs $114,800.

Median household income in Lamar is $34,894 compared to $55,066 in Princeton (-36.6%). Princeton 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 11.2% in Princeton.

Income & Cost

Cost of Living Index
Lamar
67
Princeton
53
20% cheaper
Median Household Income
Lamar
$34,894
Princeton
$55,066
37% higher

Housing

Median Rent
Lamar
$830
Princeton
$514
38% cheaper
Median Home Value
Lamar
$114,800
Princeton
$69,200
40% cheaper
Population
Lamar
4,290
Princeton
1,434

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