Cost of Living: Indianapolis city (balance), IN vs Lafayette, IN
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Indianapolis city (balance), IN versus $4,332/mo in Lafayette, IN. In the model, rent is about 16.2% of gross in Indianapolis city (balance), IN versus 15.14% in Lafayette, IN, so Lafayette, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Indianapolis city (balance), IN and Lafayette, IN.
At a glance
- Cheaper overall (lower cost-of-living index): Lafayette, IN
- Lower rent (median 1BR/2BR): Lafayette, IN
- Lower home prices: Lafayette, IN
- Higher median household income: Indianapolis city (balance), IN
Cost of Living Index
Indianapolis city (balance), IN: 100 (U.S. = 100) · Lafayette, IN: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Indianapolis city (balance), IN: $1,057/mo (midpoint of 1BR/2BR) · Lafayette, IN: $987/mo
Median rent in Indianapolis city (balance), IN is $70/mo higher than in Lafayette, IN.
Median Home Price
Indianapolis city (balance), IN: $207,000 · Lafayette, IN: $157,600
Median home price in Indianapolis city (balance), IN is $49,400 higher than in Lafayette, IN.
Median Household Income
Indianapolis city (balance), IN: $62,995 · Lafayette, IN: $52,946
Indianapolis city (balance), IN has a higher median household income than Lafayette, IN by $10,049.
Indianapolis city (balance), IN overview · Lafayette, IN overview · Popular comparisons