Cost of living index
Lafayette, LA
87.2 / 100
Living in Lafayette, LA is 12.8% cheaper than the US average.
Overall prices
87.2
Housing / rent
58.8
vs US average
−12.8%
What it costs to live in Lafayette, LA
Lafayette, LA has an overall price level of 87.2 compared with the national average of 100, meaning everyday costs run about 12.8% lower than a typical US metro. Housing tells the sharper story: at 58.8 it is 41.2% below the national average. Because rent and mortgage payments are the biggest line in most household budgets, that housing figure is usually what you’ll feel most when you move here.
Common questions
Is Lafayette, LA an expensive place to live?
Lafayette, LA has an overall cost-of-living index of 87.2, where 100 is the US average. That makes it about 12.8% cheaper than the country as a whole.
Is housing expensive in Lafayette, LA?
Housing in Lafayette, LA scores 58.8 against a US average of 100 — roughly 41.2% below average. Housing is usually the largest single cost, so it drives most of the overall difference.
How does Lafayette, LA compare to the US average cost of living?
Overall prices in Lafayette, LA sit at 87.2 versus 100 for the US average, with housing at 58.8. Figures come from the US Bureau of Economic Analysis for 2024.