States › Mississippi › West Point

Is West Point, MS expensive to live in?

ExpensiveRent takes 32 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,10837% lower than U.S. average
💵 Families earn per year (2026)$41,052about $3,421/month · 53% lower than U.S. average
🔑 House price$153,90054% lower than U.S. average

Rent is lower than in 81% of U.S. cities. A typical house costs about 3.7 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $44,320 a year. That is $21 an hour at a full-time job.

Is rent cheaper than other Mississippi cities?

Yes. Rent here is cheaper than in most of Mississippi. It is number 26 of 66 cities from cheapest to most expensive.

West Point
$1,108
$1,670
$1,150

How much do households earn in West Point?

Under $25k
33.4%
$25k–50k
23.1%
$50k–100k
25.9%
$100k–150k
8.0%
$150k+
2.4%

Share of households by yearly income. 10.4% of households earn $100,000 or more.

Rent by apartment size in West Point

SizeWest PointU.S. average
1 bedroom$720$1,324
2 bedrooms$749$1,509
3 bedrooms$809$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is West Point overall?

Everyday prices in Mississippi overall are 13% below the U.S. average (index 87.0, U.S. = 100).

Housing
56
Goods (food, clothes…)
96
Utilities
78
Other services
96
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for West Point, so the Mississippi figure is shown.

Taxes and bills in West Point

🏛️ Property tax$1,034a year · 0.67% of home value · U.S. $3,119
⚡ Electric bill$207a month (typical) · U.S. $156

Life in West Point

Commute to work20.4 minU.S.: 26.4 min
College degree16.2%U.S.: 35.7%
Own their home60.9%U.S.: 65.2%
Below poverty line25.6%U.S.: 12.5%
Unemployment11.6%U.S.: 5.2%

Is it cheaper to rent or buy in West Point?

About the same. Renting and owning cost within $40 of each other each month.

Renting
$1,108
Owning
$1,068

Owning assumes a typical $153,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,390 for the down payment.

Frequently asked questions

What is the average rent in West Point, MS?

Renting in West Point costs a median of about $1,108 a month in 2026, including utilities. The Mississippi median is $1,187.

How much do I need to make to live in West Point?

To keep rent under 30% of income, you need about $44,320 a year, or $21 an hour at a full-time job.

Is West Point cheap or expensive?

West Point is rated Expensive: rent takes 32.4% of the typical household income of $41,052. It ranks 26th cheapest of 66 Mississippi cities we track.

How much are property taxes in West Point?

The median homeowner in West Point pays $1,034 a year in property taxes, about 0.67% of the median home value.

Is West Point more expensive than the national average?

Overall prices in Mississippi are 13% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in West Point?

The median home value in West Point is $153,900, about 3.7 times the typical yearly household income.

9,900 people live in West Point. Numbers are typical (middle) values.