Housing costs in Lafayette?
A typical home costs
$420,700, which is 24.4% more expensive than the national average of
$338,100 and 10.2% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Lafayette costs
$1,540 per month, which is 1.3% more than the national average of
$1,520 and 19.5% cheaper than the state average of
$1,840.
Can I afford Lafayette?
To live comfortably in Lafayette (zip 97127), Oregon, a minimum annual income of
$80,640 for a family, and
$53,600 for a single person is recommended.
What does A.I. say about Lafayette?
97127 Lafayette, OR is an affordable place to live. According to BestPlaces's cost of living index, the overall cost of living in 97127 is lower than the national average. The biggest factor contributing to this is the low cost of housing, as rental prices are well below the national median. Food and groceries are also relatively inexpensive, with grocery costs being about 4% lower than the national average. Additionally, transportation costs are very cheap, with public transport being a great option for getting around town. All in all, living in Lafayette makes for a surprisingly affordable lifestyle compared to other parts of the country.