Indiana city profile

What Is It Like to Live in Lafayette?

What it costs to live in Lafayette, and how it compares with other Indiana cities, in plain numbers.

Value score

27

60th best value in Indiana

How much you get for what you pay, versus other Indiana cities.

Overall livability

32

56th overall in Indiana

Cost, safety, schools, jobs and quality of life combined.

Lafayette is home to about 70,928 people. A typical home runs $126,100 and a household earns around $47,700, a price-to-income ratio of 2.6. Among Indiana's largest cities, it ranks 60th for value and 56th overall. For context, the typical Lafayette home is about 49% below the statewide median of $245,000 and local household income is about 25% below the statewide median of $64,000.

Lafayette at a glance

Median home price

$126,100

48th in IN of 62

Median rent

$905/mo

Median household income

$47,700

Home price to income

2.6x

Unemployment

4.9%

30th in IN of 62

School rating

3/10

39th in IN of 62

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More Indiana cities: Bloomington, Carmel, Evansville, Fishers, Fort Wayne, Gary, Hammond, Indianapolis city, South Bend

Sources: Home prices and rent from Zillow; income, unemployment and commute from the U.S. Census; school ratings from state education data; crime from the FBI. City rankings are within Indiana only. Updated 2026.