Lafayette Parish, LA Cost of Living


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United States / Louisiana / / Lafayette County / Cities / Zip Codes
How much do I need to live in Lafayette, Louisiana?
$3,390 / month
for a family, 37.2% less expensive than the national average A total of $40,680 for the year for a family.
$2,900 / month
for a single person, 39.2% less expensive than the national average A total of $34,800 for the year for a single person.

Lafayette cost of living score
90.2
Less expensive
9.8% lower
than the US average
0.3% higher
than the Louisiana average
Lafayette Louisi County, Louisiana gets a BestPlaces Cost of Living score of 90.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.8% lower than the U.S. average and 0.3% lower than the average for Louisiana.

Lafayette Parish, LA

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 $980 per month, which is 31.5% cheaper than the national average of $1,430 and 2.0% cheaper than the state average of $1,000.

Can I afford Lafayette?
To live comfortably in Lafayette Louisi County, Louisiana, a minimum annual income of $40,680 for a family, and $34,800 for a single person is recommended.

What does A.I. say about Lafayette?
Living in Lafayette, LA County is an economical choice for many. The median house value is $211,700, which is much lower than the US average of $338,100. Similarly, the overall cost of living in Lafayette is 90.2 compared to the US average of 100. This relatively low cost of living means that residents can save money on their housing costs and other expenses while still enjoying a high quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLafayetteLouisianaUnited States
    Unlock89.9100.0
  96.0  Unlock100.0
    Unlock113.2100.0
  65.4  Unlock100.0
    Unlock$184,800$338,100
  86.6  Unlock100.0
    Unlock108.2100.0
  98.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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