Cost of Living / Lafayette–West Lafayette, IN Metro
Cost of Living in Lafayette–West Lafayette, IN Metro
Official metro name: Lafayette-West Lafayette, IN Metro Area
Lafayette–West Lafayette, IN Metro has a population of 224,515. Median household income is $57,188 and median rent is $1,004 per month. Rent is roughly 21.1% of median monthly income.
State: INPopulation: 224,515Income: $57,188Rent: $1,004Affordability: Affordable (21.1%)
Median Household Income
$57,188
Annual (ACS median)
Median Rent
$1,004
Monthly (ACS median gross rent)
Rent as % of Income
21.1%
rent ÷ (income/12)
Cost Index
76
Simplified relative index
Is Lafayette–West Lafayette, IN Metro expensive?
Based on median rent and income, Lafayette–West Lafayette, IN Metro has a Affordable rent burden. Median rent is $1,004, which is about 21.1% of median monthly household income.
Average rent in Lafayette–West Lafayette, IN Metro
Median rent (ACS) is $1,004 per month. (Neighborhoods vary widely.)
How much income do you need in Lafayette–West Lafayette, IN Metro?
Median household income (ACS) is $57,188 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in IN
Compare Lafayette–West Lafayette, IN Metro with nearby metros:
- Lafayette–West Lafayette, IN Metro vs Indianapolis, IN Metro
- Lafayette–West Lafayette, IN Metro vs Fort Wayne, IN Metro
- Lafayette–West Lafayette, IN Metro vs South Bend–Mishawaka, IN Metro
- Lafayette–West Lafayette, IN Metro vs Evansville, IN Metro
- Lafayette–West Lafayette, IN Metro vs Elkhart–Goshen, IN Metro
- Lafayette–West Lafayette, IN Metro vs Terre Haute, IN Metro
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.