Lamar, MO vs Wardsville, MO

Lamar is moderately more affordable than Wardsville, with a 14.4% lower cost of living index. Lamar scores 67 compared to 78 for Wardsville, where the US average is 100. This difference means residents of Wardsville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lamar is $830/month compared to $717/month in Wardsville — a 16% difference. Interestingly, home values tell a different story: while Wardsville has cheaper rent, Lamar actually has lower median home values ($114,800 vs $309,900).

Median household income in Lamar is $34,894 compared to $117,500 in Wardsville (-70.3%). While Wardsville 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 28.5% of their income on rent, more than the 7.3% in Wardsville.