Cost of Living: Lafayette, IN vs Arvada, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lafayette | Arvada |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $218,000 | $477,000 |
| Average Rent (2 BR Apartment) | $900 | $2000 |
| Average Rent (2 BR House) | $950 | $2056 |
Housing Comparison: Lafayette vs Arvada
- The median home price in Arvada is higher at $477,000, compared to $218,000 in Lafayette.
- Renting a two-bedroom apartment costs more in Lafayette at $900 than in Arvada at $2,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lafayette | Arvada |
|---|---|---|
| Electricity Price | $14.89 | $15.21 |
| Natural Gas Price | $Data is updating | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lafayette vs Arvada
- Arvada has higher electricity costs at $15.21 per kWh, versus $14.89 in Lafayette.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lafayette and Arvada averaging $250.