Cost of Living in Lafayette, IN
2024 data from the Bureau of Economic Analysis
Cost Index
93.4
6.6% below avg
Housing Index
76.4
Median Income
$57,188
Median Rent
$1,004/mo
Cost Breakdown
Overall93.4 (-6.6%)
Housing76.4 (-23.6%)
Goods94.3 (-5.7%)
Utilities86.4 (-13.6%)
Other Services99.1 (-0.9%)
National average = 100
Income & Housing
Median Household Income
$57,188/year
Median Home Value
$184,300
Median Monthly Rent
$1,004/mo
Per Capita Income
$31,145/year
Compare Lafayette, IN With
Lafayette, IN vs Homosassa Springs, FLLafayette, IN vs Traverse City, MILafayette, IN vs Akron, OHLafayette, IN vs Monroe, MILafayette, IN vs Athens, GALafayette, IN vs Billings, MTLafayette, IN vs Bloomington, ILLafayette, IN vs Morgantown, WVLafayette, IN vs Scranton, PALafayette, IN vs Greenville, SC
Frequently Asked Questions
Is Lafayette, IN expensive to live in?
Lafayette, IN has a cost of living index of 93.4, which is 6.6% below the national average.
How much does housing cost in Lafayette, IN?
Housing costs in Lafayette, IN are indexed at 76.4 compared to the national average of 100. The median monthly rent is $1,004.
What is the average income in Lafayette, IN?
The median household income in Lafayette, IN is $57,188 per year.
What is the average home price in Lafayette, IN?
The median home value in Lafayette, IN is $184,300.