Housing costs in Lafayette?
A typical home costs
$211,700, which is 37.4% less expensive than the national average of
$338,100 and 14.6% more expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Lafayette costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 4.8% more than the state average of
$1,000.
Can I afford Lafayette?
To live comfortably in Lafayette, Louisiana, a minimum annual income of
$40,680 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Lafayette?
Lafayette is a city in Louisiana with a relatively low cost of living compared to other parts of the country. The median home value is currently estimated to be around $180,000; however those on lower incomes may still be able to find attractive housing options near them. Groceries typically run about two hundred fifty dollars per month while basic utilities for a 915-square-foot apartment can come out to well under one hundred dollars each month depending on usage and provider rates. Lafayette also has many recreational activities such as parks, shopping outlets and plenty of cultural attractions for its inhabitants.