Cost Of Living In West Point, IL

West Point cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	West Point	Illinois	National
Cost of living index	70	98	100
Index	West Point	Illinois	National
Goods & Services index	88	97	100
Groceries index	88	97	100
Health care index	95	100	100
Housing index	24	99	100
Transportation index	89	104	100
Utilities index	99	95	100

Did you know?

The cost of living in West Point is 28% lower than the Illinois average.
The cost of living in West Point is 30% lower than the national average.
The cost of housing in West Point is 76% lower than the national average.
Illinois general sales tax is 23% higher than the national average.
Illinois state income tax is 69% higher than the national average.

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$40,417	$3,368	$943	$1,213
Renters	$33,750	$2,813	$787	$1,013

Illinois Sales Tax

State	General Sales Tax	With Max Surtax
Illinois	6.25%	9.75%

Illinois Income Tax

State	Income Tax (Low)	Income Tax (High)
Illinois	3.75%	3.75%

Goods & Services

Item	West Point	National avg.	Difference
Haircut	$7.00	$15.56	55.0%
Beauty Salon	$24.00	$36.11	33.5%
Toothpaste	$2.33	$2.47	5.8%
Shampoo	$0.96	$0.96	0.9%
Movie	$8.67	$10.13	14.4%
Bowling	$4.00	$4.74	15.5%

Groceries

Item	West Point	National avg.	Difference
Ground Beef	$3.81	$3.98	4.4%
Fried Chicken	$1.57	$1.41	11.3%
Milk	$2.00	$2.06	2.9%
Potatoes	$2.33	$2.98	21.8%
Pizza	$9.66	$9.47	2.0%
Beer	$8.24	$8.79	6.3%

Health Care

Item	West Point	National avg.	Difference
Optometrist	$78.00	$101.04	22.8%
Doctor	$121.00	$107.44	12.6%
Dentist	$69.00	$90.42	23.7%
Ibuprofen	$10.69	$9.28	15.2%
Lipitor	$436.12	$426.50	2.3%

Housing

Item	West Point	National avg.	Difference
Home Price	$36,900.00	$175,700.00	79.0%
Avg. Mortgage Payment	$820.13	$1,133.23	27.6%
Apartment Rent	$281.00	$920.00	69.5%

Transportation

Item	West Point	National avg.	Difference
Gasoline	$1.87	$1.99	6.4%
Tire Balancing	$36.00	$45.76	21.3%

Utilities

Item	West Point	National avg.	Difference
All Electricity	$172.61	$163.81	5.4%
Phone	$26.00	$28.39	8.4%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Bentley, IL	47	70	-30%
Basco, IL	85	70	-30%
Alexandria, MO	136	71	-29%
Ferris, IL	166	71	-29%
Elvaston, IL	104	72	-28%
West Point, IL	222	70	-30%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Wortham, MO	222	98	-2%
Gracemont, OK	222	74	-26%
Waterloo, SC	222	86	-14%
Indian Beach, NC	222	128	28%
Stronach, MI	222	79	-21%
West Point, IL	222	70	-30%

Source: The West Point, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

West Point, IL Cost of Living