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Biltmore, TN vs Lafayette, TN

63
Biltmore
Tennessee
VS
-16.2%
75
Lafayette
Tennessee

There is a significant gap in the cost of living between these two cities. Biltmore is 16.2% cheaper than Lafayette. With a cost index of 63 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Biltmore to Lafayette should plan for substantially higher expenses across most categories.

On the housing front, median rent in Biltmore is $739/month compared to $847/month in Lafayette — a 13% difference. Home values follow the same pattern: Biltmore is more affordable at $117,800 median vs $189,800.

Median household income in Biltmore is $49,280 compared to $44,924 in Lafayette (+9.7%). Biltmore offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Biltmore spend roughly 18% of their income on rent, less than the 22.6% in Lafayette.

Income & Cost

Cost of Living Index
Biltmore
63
16% cheaper
Lafayette
75
Median Household Income
Biltmore
$49,280
9% higher
Lafayette
$44,924

Housing

Median Rent
Biltmore
$739
13% cheaper
Lafayette
$847
Median Home Value
Biltmore
$117,800
38% cheaper
Lafayette
$189,800
Population
Biltmore
1,998
Lafayette
5,643

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Biltmore $2.89
Lafayette $2.89
US $3.07
🥚
Eggs (grade A, large)
Biltmore $2.36
Lafayette $2.36
US $2.50
🥛
Milk (whole)
Biltmore $3.80
Lafayette $3.80
US $4.03
🍞
Bread (white)
Biltmore $1.74
Lafayette $1.74
US $1.85
🍗
Chicken breast
Biltmore $3.91
Lafayette $3.91
US $4.14
Electricity
Biltmore $0.15
Lafayette $0.15
US $0.19