Lafayette, IN vs Minneapolis, MN
Cost of Living Comparison
Lafayette, IN is more affordable by 11.4 index points
Side-by-Side Comparison
| Category | Lafayette, IN | Minneapolis, MN | Difference |
|---|---|---|---|
| Overall | 93.4 | 104.8 | -11.4 |
| Housing | 76.4 | 111.8 | -35.4 |
| Goods | 94.3 | 103.1 | -8.7 |
| Utilities | 86.4 | 93.5 | -7.1 |
| Other Services | 99.1 | 104.4 | -5.3 |
Income & Housing Comparison
| Metric | Lafayette, IN | Minneapolis, MN |
|---|---|---|
| Median Household Income | $57,188 | $94,673 |
| Median Home Value | $184,300 | $334,200 |
| Median Monthly Rent | $1,004 | $1,324 |
| Per Capita Income | $31,145 | $49,334 |
Frequently Asked Questions
Is Lafayette, IN or Minneapolis, MN cheaper to live in?
Lafayette, IN is more affordable. The cost of living difference is 11.4 index points (Lafayette, IN: 93.4, Minneapolis, MN: 104.8).
Where is housing cheaper, Lafayette, IN or Minneapolis, MN?
Housing is more affordable in Lafayette, IN. Housing index: Lafayette, IN (76.4) vs Minneapolis, MN (111.8).