West Point, MS, offers a lower cost of living compared to the nationwide average. The overall cost of living index in West Point is 85, which is 15% lower than the national average of 100. This means residents in West Point can expect to pay less for most essentials, including housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses.
Specifically, housing costs in West Point are 25% below the national average, while groceries are only 10% below. Utilities and transportation costs are 15% and 20% lower, respectively. Healthcare costs are slightly higher at 5%, but miscellaneous expenses are 12% lower. This combination makes West Point an attractive option for those seeking a more affordable lifestyle.
The cost of living in West Point, MS, presents a favorable comparison to the nationwide average. For instance, housing costs are 25% lower than the national average, with an index of 75. This means that residents can expect to spend significantly less on their homes compared to the average American. Additionally, groceries in West Point are priced at 90% of the national average, indicating that food expenses are relatively moderate.
Utilities in West Point also show a slight advantage, with an index of 85%. This suggests that the cost of electricity, gas, and other utilities is 15% lower than the national average. Transportation costs are 20% below the national average, with an index of 80, making it more affordable for residents to commute and travel. Healthcare costs are slightly higher, at 95% of the national average, but still remain competitive. Miscellaneous expenses, with an index of 88, are 12% below the national average, offering further savings. Overall, West Point offers a cost of living that is more affordable in several key areas compared to the national average.