Question 1

What is the cost of living in Lafayette-West Lafayette, IN?

Accepted Answer

Lafayette-West Lafayette, IN's overall price level (BEA Regional Price Parity) is 93.43, where 100 equals the U.S. average. That means everyday goods, services, and housing cost about 6.6% less than the national average. HUD's Fair Market Rent for a 2-bedroom is $1,242/month.

Question 2

What is the average salary in Lafayette-West Lafayette, IN?

Accepted Answer

Across the 100 BLS-tracked occupation categories with published data in Lafayette-West Lafayette, IN, the average median wage is $98,673. The single highest-paying occupation here is General Internal Medicine Physicians at $416,860/year (BLS OEWS).

Question 3

What are the highest-paying jobs in Lafayette-West Lafayette?

Accepted Answer

Based on BLS OEWS data, the top-paying occupations in Lafayette-West Lafayette, IN are: 1) General Internal Medicine Physicians at $416,860; 2) Physicians, All Other at $368,750; 3) Chief Executives at $204,450; 4) Architectural and Engineering Managers at $177,640; 5) Natural Sciences Managers at $142,640. Click any occupation above to see the full wage breakdown (10th to 90th percentile).

Question 4

How much does it cost to rent a 2-bedroom apartment in Lafayette-West Lafayette?

Accepted Answer

The U.S. Department of Housing and Urban Development's Fair Market Rent (FMR) for a 2-bedroom unit in Lafayette-West Lafayette, IN is $1,242/month. FMR is the rent level HUD uses to administer housing assistance and reflects the 40th percentile of standard-quality rentals, updated annually.

Question 5

Where does AffordMap's Lafayette-West Lafayette data come from?

Accepted Answer

Salary figures come from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. Cost of living comes from the Bureau of Economic Analysis Regional Price Parities (RPP). Rent comes from HUD Fair Market Rents. All three are federal datasets, updated annually, and free to use. AffordMap pairs them so you can see what a salary actually buys after local costs.

Rank	Occupation	Category	Median salary	Hourly
51	Commercial and Industrial Designers	Arts & Media	$85K	$41/hr
52	Materials Engineers	Engineering	$85K	$40.93/hr
53	Financial and Investment Analysts	Business & Finance	$85K	$40.64/hr
54	Network and Computer Systems Administrators	Technology	$84K	$40.43/hr
55	First-Line Supervisors of Construction Trades and Extraction Workers	Construction & Trades	$84K	$40.15/hr
56	Operating Engineers and Other Construction Equipment Operators	Construction & Trades	$83K	$40.12/hr
57	Project Management Specialists	Business & Finance	$83K	$40.06/hr
58	Logisticians	Business & Finance	$83K	$40.06/hr
59	Postsecondary Teachers, All Other	Education	$82K	N/A
60	Medical Scientists, Except Epidemiologists	Science	$82K	$39.45/hr

Top Paying Jobs in Lafayette-West Lafayette, IN

Highest paying careers in Lafayette-West Lafayette

Affordability snapshot: Lafayette-West Lafayette