Lake of the Woods, IN vs West Point, IN

Lake of the Woods is moderately more affordable than West Point, with a 5.3% lower cost of living index. Lake of the Woods scores 79 compared to 84 for West Point, where the US average is 100. This difference means residents of West Point can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Lake of the Woods are $189,600 compared to $140,700 in West Point, a 35% gap.

Median household income in Lake of the Woods is $64,375 compared to $122,689 in West Point (-47.5%). While West Point is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.