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.
IndexWest PointIndianaNational
Cost of living index8388100
IndexWest PointIndianaNational
Goods & Services index9795100
Groceries index8792100
Health care index9595100
Housing index5773100
Transportation index8993100
Utilities index9593100

Did you know?

  • The cost of living in West Point is 6% lower than the Indiana average.
  • The cost of living in West Point is 17% lower than the national average.
  • The cost of housing in West Point is 43% lower than the national average.
  • Indiana general sales tax is 37% higher than the national average.
  • Indiana state income tax is 48% higher than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$49,449$4,121$1,154$1,484
Renters$0$0$0$0

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Indiana7%7%

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Indiana3.3%3.3%

Goods & Services

ItemWest PointNational avg.Difference
Haircut $12.50$14.5914.3%
Beauty Salon $25.00$34.6827.9%
Toothpaste $2.48$2.470.3%
Shampoo $0.99$1.023.1%
Movie $9.50$9.873.7%
Bowling $2.25$4.3948.8%

Groceries

ItemWest PointNational avg.Difference
Ground Beef $2.76$4.4838.3%
Fried Chicken $0.92$1.4637.2%
Milk $2.08$2.3611.7%
Potatoes $2.95$3.063.6%
Pizza $12.59$9.2436.2%
Beer $8.62$8.630.1%

Health Care

ItemWest PointNational avg.Difference
Optometrist $86.67$99.7813.1%
Doctor $85.00$105.0319.1%
Dentist $95.00$88.707.1%
Ibuprofen $9.72$9.413.3%
Lipitor $269.01$298.509.9%

Housing

ItemWest PointNational avg.Difference
Home Price $100,800.00$175,700.0042.6%
Avg. Mortgage Payment $756.50$1,081.0330.0%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemWest PointNational avg.Difference
Gasoline $1.88$2.0910.0%
Tire Balancing $38.32$45.2915.4%

Utilities

ItemWest PointNational avg.Difference
All Electricity$162.17$170.805.1%
Phone $26.90$28.264.8%
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, StatePopulationCost of Living IndexNational Avg.
Mellott, IN18175-25%
Buck Creek, IN20276-24%
Newtown, IN28280-20%
Wingate, IN23680-20%
Pine Village, IN20781-19%
West Point, IN65583-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Madison, MO65581-19%
Enfield, IL65575-25%
Branson West, MO65593-7%
Elkton, SD65588-12%
Allen, SD65582-18%
West Point, IN65583-17%
Source: The West Point, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.