Cost of Living in West Point, NY

Population 6,549 · New York · Data vintage 2023

266
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

West Point is a smaller New York community of around 7000 residents, where median household incomes of $139,700 and housing costs give the local cost-of-living profile a distinctly small-town shape.

Located 30 miles north of Yonkers, West Point falls within that metro's commuting orbit. Yonkers' typical home runs $478,000 for context.

Cost Overview

Rent 266

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in West Point

Median rent runs $3,501/month, 166% higher than the national median of $1,314/month. The median household income of $139,700/year is 87% higher than the US median of $74,580. The local unemployment rate is 4.2%, below the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 60.0°F and lows of 38.8°F. Overall, West Point has a cost of living index of 266 versus the US average of 100, meaning it is 166% more expensive.

🏠 Housing

Median Rent
$3,501/mo
166% above avg
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
0

💰 Estimated Monthly Budget

Rent median rent
$3,501
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $4,115/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
11.5 min
57% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
25.8%

Commute Mode

Drove alone
36.5%
Carpooled
3.3%
Public transit
0.5%
Walked
31.8%
Bicycle
1.8%
Work from home
25.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$139,700
87% above avg
Per Capita Income
$31,624
Unemployment Rate
4.2%
12% below avg
Poverty Rate
3.3%
Labor Force Participation
76.6%

🎓 Education

Bachelor's degree+ 28.3%
Graduate degree 50.5%

👥 Demographics

Median Age 21.5
Male median age 21.4
Female median age 21.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.0°F
Avg Low
38.8°F
Annual Precip
41"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353847607179848274625039
Low °F 171827364756615951403123
Precip" 2.442.443.253.503.354.333.304.403.893.683.043.37

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 34 — Good
75.6%
Good air days/yr
185
Max AQI recorded
357
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in West Point, NY?

West Point has a cost index of 266 (100 = national average). It is 166% above the national average.

What is average rent in West Point, NY?

The median gross rent in West Point is $3,501 per month based on 2023 Census data.

What is the median income in West Point?

The median household income in West Point is $139,700 per year (2023 ACS 5-year estimates).

What is the sales tax in West Point, NY?

The combined state and local sales tax rate in West Point is 8.5%. The New York state income tax top rate is 10.9%.

Is West Point, NY affordable?

West Point is above average in cost of living, with an index of 266 — about 166% higher than the national average.

What is the weather like in West Point?

West Point has average high temperatures of 60.0°F and average lows of 38.8°F. Annual precipitation is 41". Data from NOAA 1991–2020 Climate Normals.