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Central, TN vs Lafayette, TN

68
Central
Tennessee
VS
-9.2%
75
Lafayette
Tennessee

Central is moderately more affordable than Lafayette, with a 9.2% lower cost of living index. Central scores 68 compared to 75 for Lafayette, where the US average is 100. This difference means residents of Lafayette can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Central is $889/month compared to $847/month in Lafayette — a 5% difference. Interestingly, home values tell a different story: while Lafayette has cheaper rent, Central actually has lower median home values ($126,700 vs $189,800).

Median household income in Central is $42,292 compared to $44,924 in Lafayette (-5.9%). The higher salaries in Lafayette partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Central spend roughly 25.2% of their income on rent, more than the 22.6% in Lafayette.

Income & Cost

Cost of Living Index
Central
68
9% cheaper
Lafayette
75
Median Household Income
Central
$42,292
Lafayette
$44,924
6% higher

Housing

Median Rent
Central
$889
Lafayette
$847
5% cheaper
Median Home Value
Central
$126,700
33% cheaper
Lafayette
$189,800
Population
Central
1,944
Lafayette
5,643

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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