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