Lafayette is a great town! There is a lot to do there, or at least there was a few years ago. Economy is still good there because it is a college town and still thriving. My cousin lived there for the last few years and loved it.
And you are just 35 miles or so away from the Badlands Offroad Park in Attica Indiana
I've been to the ORP several times and many of the guys from the Chicago Land Rover Club (CLRC) goes quite often. It is a pretty big park with a lot of varied terrain. Also you are not to far from Indianapolis or Chicago. If you do move there sign up on the CLRC bulletin board and or join the club. Lot of good info, good guys, and some fun group outings.