Austin is 74% more expensive than Lafayette.
When comparing Austin, TX and Lafayette, LA, the overall cost of living indices are 134 and 77 respectively (national median = 100). Rent is $590/month cheaper in Lafayette, saving renters about $7,080/year.
Median household income is $30,007/year higher in Austin. Home values also differ significantly — the median in Austin is $512,700 compared to $251,300 in Lafayette.
Texas has no state income tax, giving Austin residents a significant tax advantage over Louisiana's 4.25% rate.
Austin vs Lafayette — common questions
Other cost of living comparisons for Austin and Lafayette