Jeffersonville, IN vs Lafayette, IN

Lafayette is moderately more affordable than Jeffersonville, with a 8.3% lower cost of living index. Jeffersonville scores 83 compared to 76 for Lafayette, where the US average is 100. This difference means residents of Jeffersonville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Jeffersonville is $1,090/month compared to $1,039/month in Lafayette — a 5% difference. Home values follow the same pattern: Lafayette is more affordable at $157,600 median vs $208,500.

Median household income in Jeffersonville is $70,157 compared to $52,946 in Lafayette (+32.5%). While Jeffersonville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Jeffersonville spend roughly 18.6% of their income on rent, less than the 23.5% in Lafayette.