Here's what it costs to live in Lafayette, Indiana, based on the latest US government data. Renters pay a median of $1,079 per month, while the typical home is valued around $172,800. Households earn a median of $53,716 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$53,716
Annual · Census ACS
Median Gross Rent
$1,079
Per month · Census ACS
Median Home Value
$172,800
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$894
HUD Fair Market Rent
1BR Fair Market Rent
$1,032
HUD FMR
2BR Fair Market Rent
$1,242
HUD FMR
3BR Fair Market Rent
$1,489
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
71,159
Latest estimate
Median Age
33 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,127
Per month
Avg Home Value
$222,800
Census ACS
January Avg
27°F
July Avg
74°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.3
poor
Hospitals
3
Doctors per 1,000
1.00
Insurance Coverage
92.5%
What is the cost of living index for Lafayette?
The cost of living index for Lafayette is not yet available in our database.
What is the median rent in Lafayette?
The median gross rent in Lafayette is $1,079 per month according to US Census ACS data.
What is the median household income in Lafayette?
The median household income in Lafayette is $53,716 per year.
What is the median home value in Lafayette?
The median home value in Lafayette is $172,800 based on the latest Census ACS survey.
How is the air quality in Lafayette?
Air quality data for Lafayette is not yet available.
What are the taxes like in Lafayette?
Tax data for Indiana is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology