Lafayette vs Ann Arbor: Cost of Living (2026)

A side-by-side comparison of Lafayette, LA and Ann Arbor, MI, using US Census Bureau data.

MetricLafayette, LAAnn Arbor, MI
Population121,706122,216
Median household income$58,850$78,546
Median home value$234,900$416,500
Median rent (/mo)$1,022$1,472

Source: US Census Bureau ACS 5-Year (2022). Highlighted cell = more affordable / higher income.

Comparing Lafayette, LA and Ann Arbor, MI comes down to what you value most. Lafayette has the lower median home value, and Lafayette has the lower median rent.

Ann Arbor has the higher median household income, which affects how far a paycheck stretches against local housing costs. The table below breaks down the key numbers side by side, all sourced from the US Census Bureau.

Frequently asked questions

Is it cheaper to live in Lafayette or Ann Arbor?
By median home value, Lafayette is the cheaper of the two ($234,900 vs $416,500). Rent and income differ too — see the full comparison above.
Which has higher salaries, Lafayette or Ann Arbor?
Median household income is $58,850 in Lafayette versus $78,546 in Ann Arbor, per the US Census Bureau.

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