Lafayette-West Lafayette, IN Metro Area is a great place to live and work. The cost of living in this area is very competitive with other cities. The average 2 bedroom rent is $1,050 compared to the US rate of $1,430, and the grocery cost index here is 93 versus 100 in the US. There are many local businesses in this area including Purdue University which offers a variety of courses for students. Other businesses include Walmart, Von’s Supermarket, and Hot Head Burrito. This area also offers some amazing attractions such as Columbian Park Zoo and Ross-Ade Stadium which offer entertainment for everyone. With its low cost of living and countless activities, Lafayette-West Lafayette, IN Metro Area is a great place to call home.
Lafayette-West Lafayette Metro Area has an unemployment rate of 4.0%. The US average is 6.0%.
Lafayette-West Lafayette Metro Area has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Lafayette-West Lafayette Metro Area
- The Sales Tax Rate for Lafayette-West Lafayette Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lafayette-West Lafayette Metro Area is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lafayette-West Lafayette Metro Area
- The average income of a Lafayette-West Lafayette Metro Area resident is $29,359 a year. The US average is $37,638 a year.
- The Median household income of a Lafayette-West Lafayette Metro Area resident is $54,490 a year. The US average is $69,021 a year.