CostIndexUSA

Des Moines, IA vs Lafayette, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IA
Des Moines
91.7
overall index
$1,250/mo rent
More AffordableLA
Lafayette
87.2
overall index
$1,325/mo rent

Lafayette is slightly cheaper than Des Moines — 4.9% lower overall cost of living.

To match an $80,000 salary in Des Moines, you would need $76,100 in Lafayette. Calculate your salary ↓

Category Breakdown

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

🏠 Housing30.6%
Des Moines
84.7
Lafayette
58.8
🛒 Groceries≈ Equal
Des Moines
93.7
Lafayette
93.7
🚗 Transportation+3.0%
Des Moines
97.6
Lafayette
100.5
🏥 Healthcare+2.9%
Des Moines
88.3
Lafayette
90.9
Utilities15.8%
Des Moines
84.6
Lafayette
71.2

Salary Equivalency Calculator

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

$
Equivalent salary in Lafayette, LA
$76,100
$3,900 less needed in Lafayette

Formula: salary × (87.2 ÷ 91.7) = salary × 0.9509. Based on BEA Regional Price Parities.

Housing Market

Des Moines, IA

Median Home Price
$285,000
Median Monthly Rent
$1,250
Housing Index
84.7
Price-to-Rent Ratio
19.0×

Lafayette, LA

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

Des Moines has 30.6% lower housing costs compared to Lafayette.

Income & Job Market

Des Moines, IA

Median Household Income
$82,700
Per Capita Income
$47,100
Unemployment Rate
3.1%
Population
214,237
Top Industries
FinanceInsuranceHealthcareGovernmentManufacturing

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).

Des Moines, IA
5.5×income-to-rent ratio

82% 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.