Cost of living in the Lafayette Metro Area
4 counties across IN. Population: 225,019.
Last updated May 22, 2026
Rent in the Lafayette Metro Area
Average rent across the Lafayette-West Lafayette metro area, weighted by county population.
Source: HUD FMR + ACS (population-weighted metro average)
Income and earnings in the Lafayette Metro Area
Earnings data averaged across all 4 counties.
Source: ACS (population-weighted metro average)
Home values in the Lafayette Metro Area
Average home values and annual property tax across the metro.
Source: ACS (population-weighted metro average)
Energy costs in the Lafayette Metro Area
Residential electricity and natural gas estimates.
Source: EIA (state averages applied per county, weighted)
All 4 counties in the Lafayette Metro Area
The Lafayette-West Lafayette metro area includes 4 counties. Sorted by population.
- Tippecanoe County IN$2,795/moPop187,399 Rent$971/mo Income$58,622/yrTippecanoe County IN 187,399 $971/mo $58,622/yr $2,795/mo
- Carroll County IN$2,704/moPop20,443 Rent$709/mo Income$64,003/yrCarroll County IN 20,443 $709/mo $64,003/yr $2,704/mo
- Benton County IN$2,911/moPop8,708 Rent$971/mo Income$61,811/yrBenton County IN 8,708 $971/mo $61,811/yr $2,911/mo
- Warren County IN$2,847/moPop8,469 Rent$824/mo Income$74,635/yrWarren County IN 8,469 $824/mo $74,635/yr $2,847/mo
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.
Open comparison toolFrequently 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-West Lafayette metro area is approximately $2,793 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-West Lafayette metro area is $942 per month, based on HUD Fair Market Rent data weighted by county population.
What is the cheapest county in the Lafayette Metro Area?
Carroll County, IN is the most affordable county in the Lafayette-West Lafayette metro area at approximately $2,704 per month for a single person.
What is the most expensive county in the Lafayette Metro Area?
Benton County, IN is the most expensive county in the Lafayette-West Lafayette metro area at approximately $2,911 per month for a single person.
How many counties are in the Lafayette Metro Area?
The Lafayette-West Lafayette metro area covers 4 counties. The five largest by population are Tippecanoe County, Carroll County, Benton County, Warren County.
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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.