West Point, MS Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
79
West Point's Overall Cost Of Living
0.8x
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:

8 out of 69
In Mississippi
155 out of 6,412
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
For more reading on cost of living around Mississippi, check out:
West Point Cost of Living Vs. MS

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
Search Homes For Sale In West Point, MS
$105,600
Median Home Value
$654
Median Rent
$31,018
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

5
/10
Overall SnackAbility
Jobs
3/10
Housing
4
Affordability
5
Diversity
8.5
Safety
4
Amenities
7
Education
5
Commute
9

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

Articles About Mississippi

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