LaFayette, NY Cost of Living


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How much do I need to live in LaFayette, New York?
$3,870 / month
for a family, 28.3% less expensive than the national average A total of $46,440 for the year for a family.
$3,067 / month
for a single person, 35.7% less expensive than the national average A total of $36,800 for the year for a single person.

LaFayette cost of living score
87.4
Less expensive
12.6% lower
than the US average
28.1% lower
than the New York average
LaFayette, New York gets a BestPlaces Cost of Living score of 87.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.6% lower than the U.S. average and 28.1% lower than the average for New York.

LaFayette, NY

Housing costs in LaFayette?
A typical home costs $241,500, which is 28.6% less expensive than the national average of $338,100 and 41.6% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in LaFayette costs $1,140 per month, which is 20.3% cheaper than the national average of $1,430 and 71.9% cheaper than the state average of $1,960.

Can I afford LaFayette?
To live comfortably in LaFayette, New York, a minimum annual income of $46,440 for a family, and $36,800 for a single person is recommended.

What does A.I. say about LaFayette?
LaFayette, NY is an affordable place to live. The cost of living in LaFayette is 8% lower than the national average. Housing costs are quite low, with the median home price being only around $120,000. Utilities, taxes, and grocery prices are also below the national average making it a very affordable place to live. Additionally, there is no state income tax in New York which further helps to keep overall living costs low in LaFayette.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLaFayetteNew YorkUnited States
    Unlock121.5100.0
  102.0  Unlock100.0
    Unlock120.7100.0
  70.1  Unlock100.0
    Unlock$413,600$338,100
  108.0  Unlock100.0
    Unlock140.7100.0
  140.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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