Housing costs in West Point?
A typical home costs
$167,300, which is 50.5% less expensive than the national average of
$338,100 and 24.5% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in West Point costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 9.3% more than the state average of
$980.
Can I afford West Point?
To live comfortably in West Point, Indiana, a minimum annual income of
$32,040 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about West Point?
West Point, IN is an affordable place to live. The cost of living in West Point is 13% lower than the national average, making it a very attractive option for those looking to minimize their spending. As of 2020, median home costs in the area are around $90,000 and the median household income is approximately $51,000. Utilities are also relatively inexpensive with electricity costing around 11 cents per kilowatt-hour. Other basic goods and services such as food, transportation, and healthcare are also priced moderately compared to other areas in the US. Overall, West Point provides a comfortable quality of life for residents at an affordable price.