City Comparison

Alexandria vs Lafayette

Cost of Living Comparison · 2026

Alexandria

Virginia
145
Expensive
$590,000
Median Home
$2,125/mo
Median Rent
$119,700
Median Income

Lafayette

Louisiana
90
Below Average
$214,000
Median Home
$1,100/mo
Median Rent
$61,900
Median Income

The Verdict

61.1%

Lafayette is 61.1% less expensive than Alexandria overall. A household earning $75,000 in Alexandria would need approximately $46,552 in Lafayette to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
201
Alexandria
73
Lafayette
Groceries
113
Alexandria
96
Lafayette
Utilities
97
Alexandria
97
Lafayette
Transportation
107
Alexandria
96
Lafayette
Healthcare
102
Alexandria
80
Lafayette

Salary Equivalence

A $75,000 salary in Alexandria has the same purchasing power as $46,552 in Lafayette.

Conversely, $75,000 in Lafayette equals $120,833 in Alexandria.

Living in Alexandria vs Lafayette

Housing Costs

Alexandria's housing index of 201 is higher Lafayette's 73, translating to median home prices of $590,000 vs $214,000. The $376,000 difference in home prices means roughly $24,444 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,125/mo in Alexandria compared to $1,100/mo in Lafayette, a monthly difference of $1,025.

Grocery & Food Costs

Grocery expenses index at 113 in Alexandria and 96 in Lafayette. A household spending the national average of $475/month on groceries would pay approximately $537/month in Alexandria vs $456/month in Lafayette. Lafayette offers a meaningful advantage on everyday food costs, saving roughly $972/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Alexandria and 97 in Lafayette. Monthly utility bills average approximately $388 in Alexandria vs $388 in Lafayette. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 102 in Alexandria and 80 in Lafayette. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 22-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $119,700 in Alexandria and $61,900 in Lafayette. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,552 and $68,778 respectively. Alexandria residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,793/month to housing in Alexandria vs $1,444/month in Lafayette. In Alexandria, median rent of $2,125/mo fits within this budget. In Lafayette, median rent of $1,100/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 128 index points — focus your budget analysis there.

Frequently Asked Questions

Lafayette is 61.1% more affordable overall with an index of 90 vs 145.
A $75,000 salary in Alexandria has equivalent purchasing power to approximately $46,552 in Lafayette, based on the cost of living difference.
Alexandria's housing index is 201 with median homes at $590,000, while Lafayette's is 73 with median homes at $214,000.

Moving & Relocation Resources

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