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Chatham, VA vs Lafayette, VA

80
Chatham
Virginia
VS
-17.5%
97
Lafayette
Virginia

There is a significant gap in the cost of living between these two cities. Chatham is 17.5% cheaper than Lafayette. With a cost index of 80 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chatham to Lafayette should plan for substantially higher expenses across most categories.

Median household income in Chatham is $54,485 compared to $32,210 in Lafayette (+69.2%). Chatham offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Chatham
80
17% cheaper
Lafayette
97
Median Household Income
Chatham
$54,485
41% higher
Lafayette
$32,210

Housing

Median Rent
Chatham
$1,028
Lafayette
Median Home Value
Chatham
$168,100
Lafayette
Population
Chatham
1,535
Lafayette
528

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chatham
Lafayette $2.98
US $3.07
🥚
Eggs (grade A, large)
Chatham
Lafayette $2.43
US $2.50
🥛
Milk (whole)
Chatham
Lafayette $3.91
US $4.03
🍞
Bread (white)
Chatham
Lafayette $1.80
US $1.85
🍗
Chicken breast
Chatham
Lafayette $4.02
US $4.14
Electricity
Chatham
Lafayette $0.17
US $0.19