Housing costs in Lafayette?
A typical home costs
$425,700, which is 25.9% more expensive than the national average of
$338,100 and 9.1% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Lafayette costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and close to the state average of
$1,520.
Can I afford Lafayette?
To live comfortably in Lafayette, Oregon, a minimum annual income of
$81,720 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Lafayette?
The cost of living in Lafayette, OR is relatively low compared to the national average. The median home value is $315,400, which is much lower than the average home value in Oregon of $399,000. Rent prices are also quite affordable with a median rent of around $1,150 per month. In addition, residents of Lafayette enjoy low gas prices and other common living expenses. Overall, Lafayette offers a great quality of life at an affordable price and residents can stretch their budgets even further by taking advantage of local deals and discounts.