CostByCity

Lafayette, LA vs Miami, FL

Cost of Living Comparison

Lafayette, LA is more affordable by 26.9 index points

Side-by-Side Comparison

CategoryLafayette, LAMiami, FLDifference
Overall87.2114.2-26.9
Housing58.8155.6-96.7
Goods93.7103.6-9.9
Utilities71.297.2-26.0
Other Services95.7109.1-13.4

Income & Housing Comparison

MetricLafayette, LAMiami, FL
Median Household Income$58,150$69,085
Median Home Value$187,800$369,500
Median Monthly Rent$918$1,657
Per Capita Income$33,150$39,957

Frequently Asked Questions

Is Lafayette, LA or Miami, FL cheaper to live in?
Lafayette, LA is more affordable. The cost of living difference is 26.9 index points (Lafayette, LA: 87.2, Miami, FL: 114.2).
Where is housing cheaper, Lafayette, LA or Miami, FL?
Housing is more affordable in Lafayette, LA. Housing index: Lafayette, LA (58.8) vs Miami, FL (155.6).