West Point, MS Cost Of Living
Cost Of Living In West Point, MS Summary
Cost of living in West Point research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means West Point is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Mississippi, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in West Point is 79, with 100 being the average.
The cost of living index in West Point is 0.8x lower than the national average.
West Point ranks as the #8 cheapest in Mississippi out of 69.
West Point ranks as the #155 cheapest out of 6,412 in the US.
The median home value in West Point is $105,600.
The median income in West Point is $31,018.
Table Of Contents
West Point's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in West Point, MS?
According to the most recent data on the cost of living, West Point has an overall cost of living index of 79, which is 0.8x lower than the national index of 100.
Compared to Mississippi, West Point has a cost of living index that's 0.9x lower than Mississippi's index of 86.
The standard of living in West Point ranks as #8 most affordable out of the 69 places we measured in Mississippi. By definition, that implies West Point ranks as the #61 most expensive place in the Magnolia State.
For more reading on life in West Point, check out:
- Living In West Point
- West Point Crime Report
- Search Homes For Sale In West Point, MS
In Mississippi
In America
West Point Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in West Point. Here is how it fairs on each of the criteria:
The Services index in West Point is 91.
The Groceries index in West Point is 86.
The Health index in West Point is 81.
The Housing index in West Point is 55.
The Transportation index in West Point is 90.
The Utilities index in West Point is 88.
| Living Expense | West Point | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 79 | 86 | 100 | |
| Services | 91 | 92 | 100 | |
| Groceries | 86 | 94 | 100 | |
| Health | 81 | 98 | 100 | |
| Housing | 55 | 69 | 100 | |
| Transportation | 90 | 91 | 100 | |
| Utilities | 88 | 87 | 100 | |
West Point, MS Housing Cost Breakdown
Housing swings affordability the most between places in Mississippi, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in West Point is $105,600.
The Median Rent in West Point is $654.
The Median Income in West Point is $31,018.
The Home Value To Income in West Point is 3.4x.
The Rent To Monthly Income in West Point is 0.25x.
| Statistic | West Point | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $105,600 | $133,000 | $244,900 |
| Median Rent | $654 | $830 | $1,163 |
| Median Income | $31,018 | $49,111 | $69,021 |
| Home Value To Income | 3.4x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
West Point, MS Costs By Category
Detailed West Point Services Costs Vs. Mississippi
| Item | West Point | Mississippi |
|---|---|---|
| Shampoo | $0.91 | $1.06 |
| Movie | $9.75 | $10.68 |
| Bowling | $10.0 | $14.67 |
| Haircut | $16.33 | $18.62 |
| Beauty Salon | $21.89 | $39.05 |
Detailed West Point Groceries Costs Vs. Mississippi
| Item | West Point | Mississippi |
|---|---|---|
| Ground Beef | $3.44 | $4.22 |
| Fried Chicken | $0.95 | $1.39 |
| Milk | $1.03 | $2.05 |
| Potatoes | $2.86 | $3.29 |
| Pizza | $10.08 | $10.62 |
| Beer | $8.7 | $9.38 |
| Toothpaste | $1.63 | $2.34 |
Detailed West Point Health Costs Vs. Mississippi
| Item | West Point | Mississippi |
|---|---|---|
| Optometrist | $97.78 | $108.57 |
| Doctor | $58.33 | $116.17 |
| Dentist | $81.11 | $99.13 |
Detailed West Point Transportation Costs Vs. Mississippi
| Item | West Point | Mississippi |
|---|---|---|
| Gasoline | $1.91 | $2.22 |
| Tire Balancing | $45.33 | $50.07 |
Detailed West Point Utilities Costs Vs. Mississippi
| Item | West Point | Mississippi |
|---|---|---|
| All Electricity | $131.41 | $167.67 |
| Phone | $181.26 | $175.64 |
West Point SnackAbility
/10
Cost Of Living In Cities Around West Point
The cost of living varies in the cities and towns around West Point. Here's a quick look at the cost of living in the most populous nearby places:
Tupelo, MS has a cost of living index of 82, 1.0x West Point.
Starkville, MS has a cost of living index of 88, 1.1x West Point.
Columbus, MS has a cost of living index of 81, 1.0x West Point.
| City | Population | Cost Of Living | Vs. West Point |
|---|---|---|---|
| Tupelo, MS | 37,872 | 82 | 1.0x |
| Starkville, MS | 24,578 | 88 | 1.1x |
| Columbus, MS | 23,858 | 81 | 1.0x |
| Amory, MS | 6,665 | 79 | 1.0x |
| Louisville, MS | 6,108 | 80 | 1.0x |
| Pontotoc, MS | 5,621 | 80 | 1.0x |
