Housing costs in La Fayette?
A typical home costs
$77,800, which is 77.0% less expensive than the national average of
$338,100 and 67.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in La Fayette costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 61.5% cheaper than the state average of
$1,260.
Can I afford La Fayette?
To live comfortably in La Fayette, Illinois, a minimum annual income of
$14,760 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about La Fayette?
The cost of living in La Fayette, IL is quite reasonable. The overall cost of living index is below the US national average, making it a great choice for those looking for an affordable place to live. In addition, housing costs are very low compared to other areas in the country, with median home prices well below the national average. Taxes are also lower than many other places in the country, making La Fayette an attractive choice for those seeking a more affordable lifestyle.