CostIndexUSA

Cleveland, OH vs Lafayette, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OH
Cleveland
93.9
overall index
$1,400/mo rent
More AffordableLA
Lafayette
87.2
overall index
$1,325/mo rent

Lafayette is moderately cheaper than Cleveland — 7.1% lower overall cost of living.

To match an $80,000 salary in Cleveland, you would need $74,300 in Lafayette. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing25.9%
Cleveland
79.4
Lafayette
58.8
🛒 Groceries≈ Equal
Cleveland
93.6
Lafayette
93.7
🚗 Transportation3.3%
Cleveland
103.9
Lafayette
100.5
🏥 Healthcare3.3%
Cleveland
94
Lafayette
90.9
Utilities25.8%
Cleveland
96
Lafayette
71.2

Salary Equivalency Calculator

Enter your current salary in Cleveland to see what you'd need to earn in Lafayette to maintain the same purchasing power.

$
Equivalent salary in Lafayette, LA
$74,300
$5,700 less needed in Lafayette

Formula: salary × (87.2 ÷ 93.9) = salary × 0.9286. Based on BEA Regional Price Parities.

Housing Market

Cleveland, OH

Median Home Price
$236,000
Median Monthly Rent
$1,400
Housing Index
79.4
Price-to-Rent Ratio
14.0×

Lafayette, LA

Median Home Price
$194,000
Median Monthly Rent
$1,325
Housing Index
58.8
Price-to-Rent Ratio
12.2×

Cleveland has 25.9% lower housing costs compared to Lafayette.

Income & Job Market

Cleveland, OH

Median Household Income
$67,600
Per Capita Income
$38,500
Unemployment Rate
4.8%
Population
372,624
Top Industries
HealthcareManufacturingFinanceTechnologyEducation

Lafayette, LA

Median Household Income
$57,300
Per Capita Income
$32,700
Unemployment Rate
3.8%
Population
120,623
Top Industries
EnergyHealthcareEducationManufacturingRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Cleveland, OH
4.0×income-to-rent ratio

75% of income left after rent (median)

Lafayette, LA
3.6×income-to-rent ratio

72% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.