Cost of Living: Houma, LA vs Lafayette, LA

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,268/mo in Houma, LA versus $4,268/mo in Lafayette, LA. In the model, rent is about 14.73% of gross in Houma, LA versus 15.51% in Lafayette, LA, so Houma, LA tends to feel more affordable for rent.

Take-home in Houma, LA
$4,268/mo
Income level: above
Take-home in Lafayette, LA
$4,268/mo
Income level: near
Rent share (1BR) in Houma, LA
14.73%
COLI tier: mid-range
Rent share (1BR) in Lafayette, LA
15.51%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Houma, LA and Lafayette, LA.

At a glance

  • Cheaper overall (lower cost-of-living index): Lafayette, LA
  • Lower rent (median 1BR/2BR): Houma, LA
  • Lower home prices: Houma, LA
  • Higher median household income: Lafayette, LA

Cost of Living Index

Houma, LA: 100 (U.S. = 100) · Lafayette, LA: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Houma, LA: $961/mo (midpoint of 1BR/2BR) · Lafayette, LA: $1,012/mo

Median rent in Lafayette, LA is $51/mo higher than in Houma, LA.

Median Home Price

Houma, LA: $207,900 · Lafayette, LA: $251,300

Median home price in Lafayette, LA is $43,400 higher than in Houma, LA.

Median Household Income

Houma, LA: $54,637 · Lafayette, LA: $61,454

Lafayette, LA has a higher median household income than Houma, LA by $6,817.

Houma, LA overview · Lafayette, LA overview · Popular comparisons