Lafayette, IN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
88
Lafayette's Overall Cost Of Living
0.9x
Lower Than The National Average
62 out of 124
In Indiana
1,278 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Lafayette is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lafayette, IN?

According to the most recent data on the cost of living, Lafayette has an overall cost of living index of 88 which is 0.9x lower than the national index of 100.

Compared to only Indiana, Lafayette has a cost of living index that's 1.0x higher than Indiana's index of 86.

The standard of living in Lafayette ranks as #1,278 most affordable out of the 6,418 places we measured in Indiana. By definition, that implies Lafayette ranks as the #5,140 most expensive place in the Hoosier State.

For more reading on life in Lafayette, check out:

Lafayette Cost Of Living Vs. Indiana

Living Expense Lafayette Indiana National Average
Overall 88 86 100
Services 99 93 100
Groceries 96 93 100
Health 85 94 100
Housing 65 74 100
Transportation 100 95 100
Utilities 97 96 100
For more reading on cost of living around Indiana, check out:
Lafayette Cost of Living Vs. IN

Lafayette, IN Housing Cost Breakdown

Housing swings affordability the most between places in Indiana, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$119,400
Median Home Value
$853
Median Rent
$46,925
Median Income
Statistic Lafayette Indiana United States
Median Home Value $119,400 $148,900 $229,800
Median Rent $853 $844 $1,096
Median Income $46,925 $58,235 $64,994
Home Value To Income 2.5x 2.6x 3.5x
Rent To Monthly Income 0.22x 0.17x 0.2x

Detailed Lafayette Services Costs Vs. Indiana

Item Lafayette Indiana
Shampoo $1.05 $1.06
Movie $10.49 $10.68
Bowling $12.55 $14.67

Detailed Lafayette Groceries Costs Vs. Indiana

Item Lafayette Indiana
Ground Beef $4.89 $4.22
Fried Chicken $1.17 $1.39
Milk $1.66 $2.05

Detailed Lafayette Health Costs Vs. Indiana

Item Lafayette Indiana
Haircut $15.94 $18.62
Beauty Salon $35.16 $39.05
Toothpaste $2.56 $2.34

Detailed Lafayette Transportation Costs Vs. Indiana

Item Lafayette Indiana
Potatoes $3.89 $3.29
Pizza $10.01 $10.62
Beer $8.2 $9.38
Optometrist $87.5 $108.57
Doctor $85.0 $116.17
Dentist $85.0 $99.13

Detailed Lafayette Utilities Costs Vs. Indiana

Item Lafayette Indiana
Gasoline $2.15 $2.22
Tire Balancing $56.36 $50.07
All Electricity $152.62 $167.67
Phone $184.27 $175.64

Lafayette SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
7
Diversity
8
Safety
4
Amenities
9
Education
8
Commute
9

Cost Of Living In Cities Around Lafayette

City Population Cost Of Living Vs. Lafayette
Carmel, IN 99,130 114 1.3x
West Lafayette, IN 49,668 99 1.1x
Westfield, IN 41,652 103 1.2x
Zionsville, IN 28,035 118 1.3x
Brownsburg, IN 26,560 95 1.1x
Crawfordsville, IN 16,088 86 1.0x
Frankfort, IN 15,569 85 1.0x
Danville, IN 10,380 92 1.0x
Monticello, IN 5,255 85 1.0x

Articles About Indiana

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