Simi Valley is 160% more expensive than Lafayette.
When comparing Simi Valley, CA and Lafayette, LA, the overall cost of living indices are 200 and 77 respectively (national median = 100). Rent is $1,448/month cheaper in Lafayette, saving renters about $17,376/year.
Median household income is $56,249/year higher in Simi Valley. Home values also differ significantly — the median in Simi Valley is $753,500 compared to $251,300 in Lafayette.
Louisiana has a lower income tax rate, making Lafayette slightly more tax-friendly.
Simi Valley vs Lafayette — common questions
Other cost of living comparisons for Simi Valley and Lafayette