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Metropolitan Statistical Area

Cost of living in the Lafayette Metro Area

4 counties across LA. Population: 410,883.

Avg. 1-bed rent
$880/mo
Avg. household income
$61,346/yr
Avg. home value
$201,262
Avg. monthly cost
$2,852/mo

Last updated May 22, 2026

Rent in the Lafayette Metro Area

Average rent across the Lafayette metro area, weighted by county population.

Studio
$706
per month
1 bedroom
$880
per month
2 bedroom
$1,011
per month
3 bedroom
$1,272
per month
4 bedroom
$1,586
per month

Source: HUD FMR + ACS (population-weighted metro average)

Income and earnings in the Lafayette Metro Area

Earnings data averaged across all 4 counties.

Household income
$61,346
per year
Individual earnings
$41,364
per year
Per capita
$34,845
per year

Source: ACS (population-weighted metro average)

Home values in the Lafayette Metro Area

Average home values and annual property tax across the metro.

Average home value
$201,262
Average annual property tax
$1,006

Source: ACS (population-weighted metro average)

Energy costs in the Lafayette Metro Area

Residential electricity and natural gas estimates.

Monthly electricity
$152
per month
Monthly gas
$34
per month
Annual total
$2,232
per year

Source: EIA (state averages applied per county, weighted)

All 4 counties in the Lafayette Metro Area

The Lafayette metro area includes 4 counties. Sorted by population.

Compare counties in the Lafayette Metro Area

Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.

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Frequently asked questions about the Lafayette Metro Area

Common questions about cost of living in the metro area.

What is the cost of living in the Lafayette Metro Area?

The estimated average cost of living in the Lafayette metro area is approximately $2,852 per month for a single person. This is a population-weighted average across the 4 counties that make up the metro area.

What is the average rent in the Lafayette Metro Area?

The average one-bedroom rent across the Lafayette metro area is $880 per month, based on HUD Fair Market Rent data weighted by county population.

What is the cheapest county in the Lafayette Metro Area?

Acadia Parish, LA is the most affordable county in the Lafayette metro area at approximately $2,543 per month for a single person.

What is the most expensive county in the Lafayette Metro Area?

Lafayette Parish, LA is the most expensive county in the Lafayette metro area at approximately $2,944 per month for a single person.

How many counties are in the Lafayette Metro Area?

The Lafayette metro area covers 4 counties. The five largest by population are Lafayette, Acadia Parish, Vermilion Parish, St. Martin Parish.

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About this data

All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.