Cost of Living in La Fayette, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
65.9
100 = national avg
-34.1 vs national average
Living Wage (1 Adult)
$29,002
per year
Living Wage (Family of 4)
$68,551
per year
Cost Index by Category
Housing52.9
Food75.2
Transportation86.4
Healthcare80.2
Utilities75.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$770
per month
2 Bedroom
$1,002
per month
The overall cost of living index in La Fayette is 65.9, which is 34.1% below the national average. Housing costs are below the national average at an index of 52.9. A single adult needs to earn approximately $29,002 per year to cover basic expenses.