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Lafayette, LA Cost of Living Calculator

Prices in the Lafayette, LA area are 12.8% below the US average, and housing 41.2% below (BEA, 2024). Compare a salary here with anywhere else.

Prices in an average US city are 14.7% higher than in Lafayette, LA, so $75,000 in Lafayette, LA buys what $86,009 buys in an average US city.

The same living standard in an average US city
$86,009
Prices overall
+14.7%
Housing costs
+70.1%

Lafayette, LA price levels by category (US average = 100)

CategoryPrice levelAgainst the US
All items87.212.8% below
Housing58.841.2% below
Goods93.76.3% below
Utilities71.228.8% below
Other services95.74.3% below

What $75,000 in Lafayette, LA equals in other large metros

Metro areaEquivalent salaryPrices
New York, NY$96,84629.1%
Los Angeles, CA$97,70630.3%
Chicago, IL$89,10618.8%
Dallas, TX$88,67518.2%
Houston, TX$84,80513.1%
Washington, DC$93,66424.9%
Philadelphia, PA$88,24517.7%
Atlanta, GA$86,09514.8%
Miami, FL$98,22231.0%
Phoenix, AZ$88,84718.5%

How this calculator works

BEA regional price parities for the Lafayette, LA metropolitan area, 2024: the price of the same basket of goods and services against the US average (100). Equivalent salaries scale by the ratio of the two areas' price levels.

What it assumes

  • Before tax, and averaged across the whole metro area.

Questions people ask

Is Lafayette expensive to live in?

Overall prices are 12.8% below the US average; housing is 41.2% below.

What salary do I need in Lafayette, LA?

To match $75,000 in an average-cost place, about $65,400. The area's median household income is $60,892.

How much is rent in Lafayette, LA?

The median gross rent (including utilities) is $977 a month (Census American Community Survey 2020–2024 5-year estimates).

How does Lafayette, LA compare with New York?

New York prices are 29.1% relative to Lafayette, LA: $75,000 here equals $96,846 there.

Nearby and large metro areas

Related calculators

  • Cost of Living CalculatorWhat salary in another city gives you the same standard of living, from the Bureau of Economic Analysis's 2024 price levels for 193 metro areas.
  • Lafayette, LA Rent Affordability CalculatorThe median rent in the Lafayette, LA area is $977 a month including utilities, which takes 19% of the median household income ($60,892). Paying it on 30% of income needs about $39,080 a year.
  • Paycheck CalculatorWhat you take home from each paycheck after federal income tax, Social Security, Medicare and state income tax, with 2026 tax rates for every state.

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.