Cost of Living in West Point, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
249.2
100 = national avg
+149.2 vs national average
Living Wage (1 Adult)
$109,636
per year
Living Wage (Family of 4)
$259,139
per year
Cost Index by Category
Housing366.6
Food156.8
Transportation213.6
Healthcare145.4
Utilities187.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,549
per month
2 Bedroom
$1,979
per month
The overall cost of living index in West Point is 249.2, which is 149.2% above the national average. Housing costs are above the national average at an index of 366.6. A single adult needs to earn approximately $109,636 per year to cover basic expenses.