SalaryCompareTool

Minneapolis, MN vs Lafayette, LA

Moving from Minneapolis to Lafayette? Here's what changes — from your equivalent salary to housing ($393,774 → $202,312 median home) and taxes.

Minneapolis vs Lafayette at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Minneapolis, MN Lafayette, LA Cost-of-living index Minneapolis, MN — Cost-of-living index: 104 104 Lafayette, LA — Cost-of-living index: 88 88 Median home price Minneapolis, MN — Median home price: $394k $394k Lafayette, LA — Median home price: $202k $202k Price per sqft Minneapolis, MN — Price per sqft: $219 $219 Lafayette, LA — Price per sqft: $101 $101 Median rent Minneapolis, MN — Median rent: $1,721 $1,721 Lafayette, LA — Median rent: $1,371 $1,371 Combined sales tax Minneapolis, MN — Combined sales tax: 8.1% 8.1% Lafayette, LA — Combined sales tax: 9.6% 9.6% Property tax rate Minneapolis, MN — Property tax rate: 1.10% 1.10% Lafayette, LA — Property tax rate: 0.49% 0.49% Violent crime /100k Minneapolis, MN — Violent crime /100k: 280 280 Lafayette, LA — Violent crime /100k: 630 630 Electricity ¢/kWh Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Lafayette, LA — Electricity ¢/kWh: 14.4 14.4 Avg commute (min) Minneapolis, MN — Avg commute (min): 25 25 Lafayette, LA — Avg commute (min): 26 26 Avg summer high °F Minneapolis, MN — Avg summer high °F: 83° 83° Lafayette, LA — Avg summer high °F: 92° 92° Avg winter low °F Minneapolis, MN — Avg winter low °F: 4° Lafayette, LA — Avg winter low °F: 43° 43°

To keep the same standard of living as $100,000 in Minneapolis, MN, you'd need about $83,942 in Lafayette, LA (−$16,058).

Livability — Minneapolis, MN: 54 · Lafayette, LA: 72 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,285 sqft in Minneapolis vs 4,941 sqft in Lafayette ($219 vs $101 per sqft).

Annual cost breakdown (at $100,000)

CategoryMinneapolis, MNLafayette, LADifference
Housing $20,652 $16,452 −$4,200
Groceries $5,227 $4,650 −$577
Transportation $3,375 $4,475 +$1,100
Utilities $1,776 $1,560 −$216
Insurance $2,200 $3,500 +$1,300
Taxes $16,345 $8,509 −$7,836
Total $49,575 $39,146 −$10,429

Side by side

MetricMinneapolis, MNLafayette, LA
Cost-of-living index104.387.6
Unemployment rate3.90%5.97%
Population growth (5-yr)4.3%-1.6%
Air quality (median AQI)4751
Big Mac price (est.)$5.93$4.98
Median home price$393,774$202,312
Home price ÷ income4.2×3.5×
1-yr home appreciation2.1%2.1%
Price per square foot$219$101
Median rent$1,721$1,371
Total tax burden (% income)12.1%9.1%
Combined sales tax8.10%9.56%
Capital gains tax9.85%4.25%
Property tax rate1.10%0.49%
Healthcare (annual)$6,800$6,600
Childcare (annual, infant)$16,000$8,000
Vehicle property tax1.58%0.10%
Avg commute (min)2526
Home insurance / yr$2,200$3,500
Auto insurance / yr$1,600$2,900
Flood insurance / yr$600$1,000
Earthquake insurance / yr$100$100
Electricity ¢/kWh16.414.4
Gas $/gal3.152.95
Violent crime /100k280630
Avg summer high °F8392
Avg winter low °F443
Permit difficulty (1–5)32

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