Lafayette, LA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
95
Lafayette's Overall Cost Of Living
0.9x
Lower Than The National Average
75 out of 109
In Louisiana
2,449 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, LA?

According to the most recent data on the cost of living, Lafayette has an overall cost of living index of 95 which is 0.9x lower than the national index of 100.

Compared to only Louisiana, Lafayette has a cost of living index that's 1.0x higher than Louisiana's index of 91.

The standard of living in Lafayette ranks as #2,449 most affordable out of the 6,418 places we measured in Louisiana. By definition, that implies Lafayette ranks as the #3,969 most expensive place in the Pelican State.

For more reading on life in Lafayette, check out:

Lafayette Cost Of Living Vs. Louisiana

Living Expense Lafayette Louisiana National Average
Overall 95 91 100
Services 98 98 100
Groceries 101 97 100
Health 94 97 100
Housing 92 83 100
Transportation 98 93 100
Utilities 91 86 100
For more reading on cost of living around Louisiana, check out:
Lafayette Cost of Living Vs. LA

Lafayette, LA Housing Cost Breakdown

Housing swings affordability the most between places in Louisiana, 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.

$197,900
Median Home Value
$899
Median Rent
$54,139
Median Income
Statistic Lafayette Louisiana United States
Median Home Value $197,900 $168,100 $229,800
Median Rent $899 $876 $1,096
Median Income $54,139 $50,800 $64,994
Home Value To Income 3.7x 3.3x 3.5x
Rent To Monthly Income 0.2x 0.21x 0.2x

Detailed Lafayette Services Costs Vs. Louisiana

Item Lafayette Louisiana
Shampoo $1.14 $1.06
Movie $10.12 $10.68
Bowling $18.2 $14.67

Detailed Lafayette Groceries Costs Vs. Louisiana

Item Lafayette Louisiana
Ground Beef $4.29 $4.22
Fried Chicken $1.16 $1.39
Milk $2.19 $2.05

Detailed Lafayette Health Costs Vs. Louisiana

Item Lafayette Louisiana
Haircut $23.37 $18.62
Beauty Salon $40.73 $39.05
Toothpaste $2.22 $2.34

Detailed Lafayette Transportation Costs Vs. Louisiana

Item Lafayette Louisiana
Potatoes $3.78 $3.29
Pizza $10.24 $10.62
Beer $9.23 $9.38
Optometrist $103.22 $108.57
Doctor $113.42 $116.17
Dentist $79.6 $99.13

Detailed Lafayette Utilities Costs Vs. Louisiana

Item Lafayette Louisiana
Gasoline $1.92 $2.22
Tire Balancing $64.79 $50.07
All Electricity $141.28 $167.67
Phone $180.19 $175.64

Lafayette SnackAbility

6
/10
Overall SnackAbility
Jobs
7/10
Housing
8
Affordability
6
Diversity
9
Safety
3
Amenities
9
Education
8
Commute
8.5

Cost Of Living In Cities Around Lafayette

City Population Cost Of Living Vs. Lafayette
New Iberia, LA 28,965 87 0.9x
Youngsville, LA 14,118 105 1.1x
Broussard, LA 12,248 96 1.0x
Abbeville, LA 12,167 81 0.9x
Carencro, LA 9,346 92 1.0x
Scott, LA 8,815 92 1.0x
Breaux Bridge, LA 8,213 96 1.0x
Rayne, LA 8,062 83 0.9x
St. Martinville, LA 5,844 79 0.8x

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