New Haven, IN vs West Lafayette, IN

There is a significant gap in the cost of living between these two cities. New Haven is 22% cheaper than West Lafayette. With a cost index of 73 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Haven to West Lafayette should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Haven is $947/month compared to $1,152/month in West Lafayette — a 18% difference. Home values follow the same pattern: New Haven is more affordable at $151,200 median vs $318,100.

Median household income in New Haven is $67,121 compared to $33,497 in West Lafayette (+100.4%). New Haven offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Haven spend roughly 16.9% of their income on rent, less than the 41.3% in West Lafayette. The New Haven ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.