Lafayette, LA vs Richmond, VA
Cost of Living Comparison
Lafayette, LA is more affordable by 10.6 index points
Side-by-Side Comparison
| Category | Lafayette, LA | Richmond, VA | Difference |
|---|---|---|---|
| Overall | 87.2 | 97.9 | -10.6 |
| Housing | 58.8 | 99.1 | -40.3 |
| Goods | 93.7 | 96.8 | -3.1 |
| Utilities | 71.2 | 89.2 | -18.0 |
| Other Services | 95.7 | 98.6 | -2.9 |
Income & Housing Comparison
| Metric | Lafayette, LA | Richmond, VA |
|---|---|---|
| Median Household Income | $58,150 | $80,877 |
| Median Home Value | $187,800 | $299,100 |
| Median Monthly Rent | $918 | $1,307 |
| Per Capita Income | $33,150 | $44,141 |
Frequently Asked Questions
Is Lafayette, LA or Richmond, VA cheaper to live in?
Lafayette, LA is more affordable. The cost of living difference is 10.6 index points (Lafayette, LA: 87.2, Richmond, VA: 97.9).
Where is housing cheaper, Lafayette, LA or Richmond, VA?
Housing is more affordable in Lafayette, LA. Housing index: Lafayette, LA (58.8) vs Richmond, VA (99.1).