Mid-Size City121,374 people

Lafayette, LA

Discover how far your salary goes in Lafayette. Compare taxes, rent, and living costs.

Cost Index
93
Below Average
Population

121,374

State Tax

4.3%

1BR Rent

$1,176

/month

vs National

-16%

below avg

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Rent Prices in Lafayette

🏠

Studio

$941

/month

$11,292/year

Most Common
🛏️

1 Bedroom

$1,176

/month

$14,112/year

🏡

2 Bedroom

$1,588

/month

$19,056/year

🏘️

3 Bedroom

$2,058

/month

$24,696/year

Taxes in Louisiana

State Income Tax

Louisiana

4.3%

For a $100k salary, that's ~$4,250/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Lafayette, LA?

Lafayette has a cost of living index of 93, which is 7% below the national average. A 1-bedroom apartment costs around $1,176/month.

What is the state income tax in Louisiana?

Louisiana has a state income tax rate of approximately 4.3%. This is in addition to federal income tax.

How much is rent in Lafayette?

The median rent for a 1-bedroom apartment in Lafayette is $1,176/month. For a 2-bedroom, expect to pay around $1,588/month. This is 16% below the national average.

Is Lafayette a good place to live?

Lafayette is a mid-size city with a population of 121,374. The cost of living is below average, making it more affordable than average for the US.

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