Cost of Living: Lafayette, CO vs Phoenix, AZ
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,259/mo in Lafayette, CO versus $4,370/mo in Phoenix, AZ. In the model, rent is about 29.76% of gross in Lafayette, CO versus 21.24% in Phoenix, AZ, so Phoenix, AZ tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Lafayette, CO and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Lafayette, CO
- Lower rent (median 1BR/2BR): Phoenix, AZ
- Lower home prices: Phoenix, AZ
- Higher median household income: Lafayette, CO
Cost of Living Index
Lafayette, CO: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Lafayette, CO has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Lafayette, CO: $1,940/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Lafayette, CO is $555/mo higher than in Phoenix, AZ.
Median Home Price
Lafayette, CO: $647,600 · Phoenix, AZ: $381,900
Median home price in Lafayette, CO is $265,700 higher than in Phoenix, AZ.
Median Household Income
Lafayette, CO: $110,431 · Phoenix, AZ: $77,041
Lafayette, CO has a higher median household income than Phoenix, AZ by $33,390.
Lafayette, CO overview · Phoenix, AZ overview · Popular comparisons