Housing costs in Lafayette?
A typical home costs
$1,771,900, which is 424.1% more expensive than the national average of
$338,100 and 141.6% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Lafayette costs
$2,870 per month, which is 33.5% more than the national average of
$2,150 and 5.2% more than the state average of
$2,720.
Can I afford Lafayette?
To live comfortably in Lafayette (zip 94549), California, a minimum annual income of
$339,480 for a family, and
$94,000 for a single person is recommended.
What does A.I. say about Lafayette?
The cost of living in Lafayette, CA 94549 is high when compared to other cities in the United States. The median home value is 1.3 times higher than the national average and the cost of living index is more than 25% above the national average. Additionally, groceries are nearly 16% more expensive than the national average, while utilities and transportation costs are 15% higher. Rent prices in Lafayette are some of the highest around, with a one-bedroom apartment going for around $2,400 per month on average. All these factors contribute to an overall high cost of living that puts Lafayette out of reach for many people looking for affordable housing options.