Cost of Living in Lafayette, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
80.2
100 = national avg
-19.8 vs national average
Living Wage (1 Adult)
$35,297
per year
Living Wage (Family of 4)
$83,430
per year
Cost Index by Category
Housing75.5
Food88.0
Transportation75.9
Healthcare90.4
Utilities87.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$844
per month
2 Bedroom
$1,108
per month
The overall cost of living index in Lafayette is 80.2, which is 19.8% below the national average. Housing costs are below the national average at an index of 75.5. A single adult needs to earn approximately $35,297 per year to cover basic expenses.