Cost of Living: Lafayette, LA vs Suffolk, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lafayette | Suffolk |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $215,000 | $323,900 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1360 | $1600 |
Housing Comparison: Lafayette vs Suffolk
- The median home price in Suffolk is higher at $323,900, compared to $215,000 in Lafayette.
- In Suffolk, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Lafayette.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lafayette | Suffolk |
|---|---|---|
| Electricity Price | $11.42 | $15.31 |
| Natural Gas Price | $19.48 | $19.91 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Lafayette vs Suffolk
- Suffolk has higher electricity costs at $15.31 per kWh, versus $11.42 in Lafayette.
- Suffolk experiences higher natural gas costs at $19.91 per unit, with costs at $19.48 in Lafayette.
- Suffolk has higher utility expenses, averaging $250, while Lafayette averages $200.