Lafayette, CO Cost Of Living

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Updated: 2020-03-08
Lafayette's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Lafayette is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lafayette, CO?

According to the most recent data on the cost of living, Lafayette has an overall cost of living index of 114 which is 1.1x higher than the national index of 100.

Compared to only Colorado, Lafayette has a cost of living index that's 1.0x higher than Colorado's index of 110.

The standard of living in Lafayette ranks as #4428 most affordable out of the 6522 places we measured in Colorado. By definition, that implies Lafayette ranks as the #1979 most expensive place in the Centennial State.

Lafayette Cost Of Living Vs. Colorado

Living Expense Lafayette Colorado National Average
Overall 114 110 100
Services 104 103 100
Groceries 84 97 100
Health 98 104 100
Housing 157 134 100
Transportation 95 102 100
Utilities 79 86 100
For more reading on cost of living around Colorado, check out:
Lafayette Cost of Living Vs. CO

Lafayette, CO Housing Cost Breakdown

Housing swings affordability the most between places in Colorado, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Lafayette Colorado United States
Median Home Value $383,500 $313,600 $204,900
Median Rent $1,340 $1,196 $1,023
Median Income $78,297 $68,811 $60,293
Home Value To Income 4.9x 4.6x 3.4x
Rent To Monthly Income 0.21x 0.21x 0.2x

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Cost Of Living In Cities Around Lafayette

City Population Cost Of Living Vs. Lafayette
Denver, CO 693,417 114 1.0x
Westminster, CO 112,747 106 0.9x
Broomfield, CO 66,120 117 1.0x
Brighton, CO 39,054 101 0.9x
Wheat Ridge, CO 31,323 107 0.9x
Erie, CO 22,965 124 1.1x
Louisville, CO 20,705 130 1.1x
Sherrelwood, CO 19,243 98 0.9x
Welby, CO 16,352 95 0.8x
Firestone, CO 13,109 109 1.0x

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