West Point, NY Cost Of Living
Cost Of Living In West Point, NY 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 New York, 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 185, with 100 being the average.
The cost of living index in West Point is 1.9x higher than the national average.
West Point ranks as the #324 cheapest in New York out of 340.
West Point ranks as the #6,242 cheapest out of 6,412 in the US.
The median home value in West Point is -.
The median income in West Point is $121,219.
Table Of Contents
West Point's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in West Point, NY?
According to the most recent data on the cost of living, West Point has an overall cost of living index of 185, which is 1.9x higher than the national index of 100.
Compared to New York, West Point has a cost of living index that's 1.5x higher than New York's index of 126.
The standard of living in West Point ranks as #324 most affordable out of the 340 places we measured in New York. By definition, that implies West Point ranks as the #16 most expensive place in the Empire State.
For more reading on life in West Point, check out:
- Living In West Point
- Search Homes For Sale In West Point, NY
In New York
In America
West Point Cost Of Living Vs. New York
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 122.
The Groceries index in West Point is 107.
The Health index in West Point is 119.
The Housing index in West Point is 341.
The Transportation index in West Point is 116.
The Utilities index in West Point is 132.
| Living Expense | West Point | New York | National Average | |
|---|---|---|---|---|
| Overall | 185 | 126 | 100 | |
| Services | 122 | 110 | 100 | |
| Groceries | 107 | 104 | 100 | |
| Health | 119 | 105 | 100 | |
| Housing | 341 | 175 | 100 | |
| Transportation | 116 | 107 | 100 | |
| Utilities | 132 | 102 | 100 | |
West Point, NY Housing Cost Breakdown
Housing swings affordability the most between places in New York, 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 -.
The Median Rent in West Point is $3,157.
The Median Income in West Point is $121,219.
The Home Value To Income in West Point is nanx.
The Rent To Monthly Income in West Point is 0.31x.
| Statistic | West Point | New York | United States |
|---|---|---|---|
| Median Home Value | - | $340,600 | $244,900 |
| Median Rent | $3,157 | $1,390 | $1,163 |
| Median Income | $121,219 | $75,157 | $69,021 |
| Home Value To Income | nanx | 4.5x | 3.5x |
| Rent To Monthly Income | 0.31x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
West Point, NY Costs By Category
Detailed West Point Services Costs Vs. New York
| Item | West Point | New York |
|---|---|---|
| Shampoo | $0.96 | $1.06 |
| Movie | $13.09 | $10.68 |
| Bowling | $18.83 | $14.67 |
| Haircut | $32.76 | $18.62 |
| Beauty Salon | $65.09 | $39.05 |
Detailed West Point Groceries Costs Vs. New York
| Item | West Point | New York |
|---|---|---|
| Ground Beef | $4.44 | $4.22 |
| Fried Chicken | $1.42 | $1.39 |
| Milk | $2.65 | $2.05 |
| Potatoes | $3.98 | $3.29 |
| Pizza | $9.41 | $10.62 |
| Beer | $10.04 | $9.38 |
| Toothpaste | $2.13 | $2.34 |
Detailed West Point Health Costs Vs. New York
| Item | West Point | New York |
|---|---|---|
| Optometrist | $127.5 | $108.57 |
| Doctor | $118.17 | $116.17 |
| Dentist | $132.27 | $99.13 |
Detailed West Point Transportation Costs Vs. New York
| Item | West Point | New York |
|---|---|---|
| Gasoline | $2.33 | $2.22 |
| Tire Balancing | $69.75 | $50.07 |
Detailed West Point Utilities Costs Vs. New York
| Item | West Point | New York |
|---|---|---|
| All Electricity | $261.22 | $167.67 |
| Phone | $178.6 | $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:
Jefferson Valley-Yorktown, NY has a cost of living index of 146, 0.8x West Point.
Stony Point, NY has a cost of living index of 137, 0.7x West Point.
Suffern, NY has a cost of living index of 127, 0.7x West Point.
| City | Population | Cost Of Living | Vs. West Point |
|---|---|---|---|
| Jefferson Valley-Yorktown, NY | 14,168 | 146 | 0.8x |
| Stony Point, NY | 12,389 | 137 | 0.7x |
| Suffern, NY | 11,376 | 127 | 0.7x |
| Chestnut Ridge, NY | 10,211 | 140 | 0.8x |
| Woodbury, NY | 9,111 | 131 | 0.7x |
| Hillcrest, NY | 8,667 | 143 | 0.8x |
| Congers, NY | 7,926 | 151 | 0.8x |
| Briarcliff Manor, NY | 7,587 | 175 | 0.9x |
| Pleasantville, NY | 7,469 | 164 | 0.9x |
| Wesley Hills, NY | 6,105 | 166 | 0.9x |
