DegreeCalc

College Cost Planning in Lafayette, LA 2026

Estimate tuition, housing, financial aid, and payback using local planning benchmarks for Lafayette, Louisiana. Use the calculator to stress-test your net cost before borrowing.

Local Planning Model, Not a School Directory

DegreeCalc treats Lafayette as an education-cost market for tuition, rent, aid, and payback planning. We do not publish synthetic or unverified institution names on this page. Before applying, verify specific schools with NCES College Navigator, College Scorecard, official catalogs, and each school's net price calculator.

Avg Public Tuition

$10,374

per year

Avg Private Tuition

$38,796

per year

Avg Rent Near Campus

$962

per month

Local Cost Market

5

benchmark points

Lafayette Overview

Population

121,374

Student Population

12,196 (10.0%)

Cost of Living Index

104 (avg: 100)

Walk Score

67/100

Transit Score

38/100

Unemployment Rate

4.8%

College Cost Calculator for Lafayette

Cost Inputs

Total Cost (4 Years, Public In-State)

$86,892

Total After Financial Aid

$86,892

Annual Cost

$21,723

Annual After Aid

$21,723

Cost Breakdown (4 Years)

Tuition$41,496
Room & Board$45,396

If Financed (10-Year Loan at 6.5%)

Loan Amount$86,892
Monthly Payment$987
Total Interest$31,505
Total Loan Cost$118,397

Education Cost Benchmarks in Lafayette

These are city-level planning estimates for tuition, housing, aid, and student costs. Use them for budgeting, then verify specific schools with NCES College Navigator, College Scorecard, and the institution's own net price calculator.

Institution count

5

Public tuition

$10,374

Private tuition

$38,796

Community college

$4,236

Cost of Living in Lafayette vs. National Average

CategoryLafayetteNational AvgDifference
Public Tuition (In-State)$10,374$10,940-$566
Monthly Rent Near Campus$962$1,050-$88
Cost of Living Index104100+4

Lafayette's cost of living is near the national average. Students can expect typical expenses comparable to most other U.S. cities.

Student Life in Lafayette

67

Walk Score

Somewhat Walkable

38

Transit Score

Minimal Transit

10.0%

Student Population

12,196 students

Lafayette has a total population of 121,374, with approximately 12,196 college students (10.0% of the population). Lafayette has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.

Post-Graduation Outlook in Lafayette

$38,790

Starting Salary

4.8%

Unemployment Rate

66%

Graduation Rate

~22.9 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Lafayette earn a median starting salary of $38,790, which is $3,790 more per year the average high school graduate salary of $35,000. At the modeled net cost, the salary premium would take about 22.9 years to cover the investment. With average financial aid of $7,367 per student per year, the net cost can change materially by school and program.

Other Cities in Louisiana

Methodology & Education Data Sources for Lafayette

How we compile Lafayette college data: Our institution profiles, tuition figures, and outcome data combine multiple federal datasets — primarily IPEDS (Integrated Postsecondary Education Data System), which all Title IV-eligible US colleges report to annually, and College Scorecard from the US Department of Education. Cost-of-attendance figures include published tuition, fees, room/board, books, and transportation per institutional reporting.

  1. Tuition data reflects published in-state and out-of-state rates per IPEDS for Lafayette institutions, updated annually.
  2. Acceptance rates sourced from College Scorecard (most recent reporting cycle), reflecting first-year first-time freshman admissions.
  3. Earnings outcomes tracked 6-10 years post-enrollment per College Scorecard, comparing earnings to high school graduates ($30,200 baseline).
  4. Default rates: Cohort Default Rate (CDR) from US Dept of Education tracks 3-year repayment outcomes after entering repayment.
  5. Local context: Lafayette's walk score, transit options, and cost of living affect total college expenses beyond tuition.

Authoritative US education data sources:

Education Disclaimer: College data reflects most recent IPEDS/Scorecard reporting (typically 1-2 year lag). Tuition can change annually. Always verify current figures with the institution's financial aid office. Use the FAFSA Estimator for personalized aid eligibility.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS data current as of latest annual release

Frequently Asked Questions

How much does college cost in Lafayette, LA?

Average annual in-state public university tuition in Lafayette is $10,374. Private university tuition averages $38,796, and community college tuition averages $4,236. When room and board ($11,349/year) is included, the total annual cost at a public university is approximately $21,723.

How many local cost benchmarks are used for Lafayette, LA?

Lafayette uses approximately 5 local education-market benchmark points for tuition, housing, and student-cost planning. The city has an estimated student population of approximately 12,196, which represents 10.0% of the total population.

What is the average rent near campus in Lafayette?

The average rent near college campuses in Lafayette is approximately $962 per month. The city has a cost of living index of 104 (national average is 100), a walk score of 67, and a public transit score of 38. Students can save on housing by sharing apartments or living further from campus.

What is the average starting salary after college in Lafayette?

College graduates in Lafayette earn a median starting salary of $38,790. The local unemployment rate is 4.8%. With an average financial aid package of $7,367 per student and a 66% graduation rate, students should carefully plan their college journey to maximize their return on investment.

Is it worth going to college in Lafayette, LA?

With a median starting salary of $38,790 and an average 4-year public university cost of $86,892 (including room and board), the modeled salary premium can recoup the net investment in about 22.9 years. The 66% graduation rate underscores the importance of choosing the right program and staying on track academically.

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