Cost of Living: Lake Charles, 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 Lake Charles, LA versus $4,268/mo in Lafayette, LA. In the model, rent is about 15.89% of gross in Lake Charles, LA versus 15.51% in Lafayette, LA, so Lafayette, LA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Lake Charles, LA and Lafayette, LA.
At a glance
- Cheaper overall (lower cost-of-living index): Lafayette, LA
- Lower rent (median 1BR/2BR): Lafayette, LA
- Lower home prices: Lake Charles, LA
- Higher median household income: Lafayette, LA
Cost of Living Index
Lake Charles, 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
Lake Charles, LA: $1,036/mo (midpoint of 1BR/2BR) · Lafayette, LA: $1,012/mo
Median rent in Lake Charles, LA is $24/mo higher than in Lafayette, LA.
Median Home Price
Lake Charles, LA: $204,000 · Lafayette, LA: $251,300
Median home price in Lafayette, LA is $47,300 higher than in Lake Charles, LA.
Median Household Income
Lake Charles, LA: $56,864 · Lafayette, LA: $61,454
Lafayette, LA has a higher median household income than Lake Charles, LA by $4,590.
Lake Charles, LA overview · Lafayette, LA overview · Popular comparisons