Cost of Living: Lafayette, LA vs Phoenix, AZ
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,268/mo in Lafayette, LA versus $4,370/mo in Phoenix, AZ. In the model, rent is about 15.51% of gross in Lafayette, LA versus 21.24% in Phoenix, AZ, so Lafayette, LA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Lafayette, LA and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Lafayette, LA
- Lower rent (median 1BR/2BR): Lafayette, LA
- Lower home prices: Lafayette, LA
- Higher median household income: Phoenix, AZ
Cost of Living Index
Lafayette, LA: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Lafayette, LA has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Lafayette, LA: $1,012/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Phoenix, AZ is $373/mo higher than in Lafayette, LA.
Median Home Price
Lafayette, LA: $251,300 · Phoenix, AZ: $381,900
Median home price in Phoenix, AZ is $130,600 higher than in Lafayette, LA.
Median Household Income
Lafayette, LA: $61,454 · Phoenix, AZ: $77,041
Phoenix, AZ has a higher median household income than Lafayette, LA by $15,587.
Lafayette, LA overview · Phoenix, AZ overview · Popular comparisons