Moving from Minneapolis to Lafayette (2026)

Lafayette has a COL index of 85 vs 106 for Minneapolis (100 = US average). You'd pay about 20% less for the same lifestyle.

Save ~$677/mo
on core expenses · $75K salary baseline

Key differences

COL index
10685
100 = US avg
1BR rent
$1,700$1,100
per month
State tax
9.9%4.3%
income tax
Take-home at $75K
$4,122$4,472
per month

Salary needed in Lafayette to match your Minneapolis lifestyle

Based on the 20% cost of living decrease between the two cities.

Your salary in MinneapolisEquivalent in Lafayette
$40K$32,075
$50K$40,094
$60K$48,113
$75K$60,142
$80K$64,151
$100K$80,189
$120K$96,226
$150K$120,283

Monthly budget at $75K — Minneapolis vs Lafayette

ExpenseMinneapolisLafayette
Monthly take-home$4,122$4,472
1BR rent$1,700$1,100
Groceries$391$361
Transport$95$42
Utilities$195$208
Internet$65$58
Left after essentials$1,676$2,703

Frequently asked questions

Is Lafayette cheaper than Minneapolis?

Yes. Lafayette has a cost of living index of 85 vs 106 for Minneapolis (100 = US average). That's about 20% cheaper.

How much will I save moving from Minneapolis to Lafayette?

On a $75K salary, moving from Minneapolis to Lafayette could save roughly $677/month on core expenses. That's ~$8,124/year.

What salary do I need in Lafayette to match my Minneapolis lifestyle?

To maintain the same purchasing power as $75,000 in Minneapolis, you'd need roughly $60,142/year in Lafayette. This is based on the overall COL index difference between the two cities.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates at $75K. Zillow · BLS · Numbeo · For general guidance only