Cost of Living in West Lafayette, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.9
100 = national avg
-7.1 vs national average
Living Wage (1 Adult)
$40,892
per year
Living Wage (Family of 4)
$96,653
per year
Cost Index by Category
Housing139.6
Food75.6
Transportation51.2
Healthcare80.5
Utilities93.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,032
per month
2 Bedroom
$1,242
per month
The overall cost of living index in West Lafayette is 92.9, which is 7.1% below the national average. Housing costs are above the national average at an index of 139.6. A single adult needs to earn approximately $40,892 per year to cover basic expenses.