Chicago, IL vs Lafayette, IN
Cost of Living Comparison
Lafayette, IN is more affordable by 10.2 index points
Side-by-Side Comparison
| Category | Chicago, IL | Lafayette, IN | Difference |
|---|---|---|---|
| Overall | 103.6 | 93.4 | +10.2 |
| Housing | 112.0 | 76.4 | +35.6 |
| Goods | 107.3 | 94.3 | +12.9 |
| Utilities | 83.6 | 86.4 | -2.8 |
| Other Services | 100.5 | 99.1 | +1.4 |
Income & Housing Comparison
| Metric | Chicago, IL | Lafayette, IN |
|---|---|---|
| Median Household Income | $85,087 | $57,188 |
| Median Home Value | $288,400 | $184,300 |
| Median Monthly Rent | $1,310 | $1,004 |
| Per Capita Income | $45,977 | $31,145 |
Frequently Asked Questions
Is Chicago, IL or Lafayette, IN cheaper to live in?
Lafayette, IN is more affordable. The cost of living difference is 10.2 index points (Chicago, IL: 103.6, Lafayette, IN: 93.4).
Where is housing cheaper, Chicago, IL or Lafayette, IN?
Housing is more affordable in Lafayette, IN. Housing index: Chicago, IL (112.0) vs Lafayette, IN (76.4).