Cost of Living in Lafayette, CO

Population: 30,471 • 2026 Data

$110,431
Median Household Income
+43% vs national
$2,042
Median Monthly Rent
+51% vs national
$647,600
Median Home Value
+91% vs national
3.8%
Unemployment Rate

Housing in Lafayette

The median home value in Lafayette, CO is $647,600. Monthly rent for a typical unit averages $2,042, while total monthly housing costs (including utilities and insurance) average $1,934.

Rent-to-income ratio: 22.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Lafayette, CO is $110,431. The unemployment rate stands at 3.8%, with a labor force of 18,172 people.

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.

Verify at data.census.gov