Cost of Living in West Point, NE

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

95.7

100 = national avg

-4.3 vs national average

Living Wage (1 Adult)

$42,089

per year

Living Wage (Family of 4)

$99,483

per year

Cost Index by Category

Housing
90.9
Food
98.9
Transportation
97.8
Healthcare
99.1
Utilities
97.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$826

per month

2 Bedroom

$961

per month

The overall cost of living index in West Point is 95.7, which is 4.3% below the national average. Housing costs are below the national average at an index of 90.9. A single adult needs to earn approximately $42,089 per year to cover basic expenses.