Lafayette, LA vs Minneapolis, MN
Cost of Living Comparison
Lafayette, LA is more affordable by 17.6 index points
Side-by-Side Comparison
| Category | Lafayette, LA | Minneapolis, MN | Difference |
|---|---|---|---|
| Overall | 87.2 | 104.8 | -17.6 |
| Housing | 58.8 | 111.8 | -53.0 |
| Goods | 93.7 | 103.1 | -9.4 |
| Utilities | 71.2 | 93.5 | -22.3 |
| Other Services | 95.7 | 104.4 | -8.7 |
Income & Housing Comparison
| Metric | Lafayette, LA | Minneapolis, MN |
|---|---|---|
| Median Household Income | $58,150 | $94,673 |
| Median Home Value | $187,800 | $334,200 |
| Median Monthly Rent | $918 | $1,324 |
| Per Capita Income | $33,150 | $49,334 |
Frequently Asked Questions
Is Lafayette, LA or Minneapolis, MN cheaper to live in?
Lafayette, LA is more affordable. The cost of living difference is 17.6 index points (Lafayette, LA: 87.2, Minneapolis, MN: 104.8).
Where is housing cheaper, Lafayette, LA or Minneapolis, MN?
Housing is more affordable in Lafayette, LA. Housing index: Lafayette, LA (58.8) vs Minneapolis, MN (111.8).