CostByCity

Albany, NY vs Lafayette, IN

Cost of Living Comparison

Lafayette, IN is more affordable by 6.1 index points

Side-by-Side Comparison

CategoryAlbany, NYLafayette, INDifference
Overall99.693.4+6.1
Housing102.676.4+26.1
Goods99.794.3+5.4
Utilities134.086.4+47.7
Other Services97.899.1-1.4

Income & Housing Comparison

MetricAlbany, NYLafayette, IN
Median Household Income$83,360$57,188
Median Home Value$254,100$184,300
Median Monthly Rent$1,181$1,004
Per Capita Income$44,919$31,145

Frequently Asked Questions

Is Albany, NY or Lafayette, IN cheaper to live in?
Lafayette, IN is more affordable. The cost of living difference is 6.1 index points (Albany, NY: 99.6, Lafayette, IN: 93.4).
Where is housing cheaper, Albany, NY or Lafayette, IN?
Housing is more affordable in Lafayette, IN. Housing index: Albany, NY (102.6) vs Lafayette, IN (76.4).