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Morganfield, KY vs West Point, KY

67
Morganfield
Kentucky
VS
+10.9%
60
West Point
Kentucky

West Point is moderately more affordable than Morganfield, with a 10.9% lower cost of living index. Morganfield scores 67 compared to 60 for West Point, where the US average is 100. This difference means residents of Morganfield can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Morganfield is $830/month compared to $726/month in West Point — a 14% difference. Home values follow the same pattern: West Point is more affordable at $68,200 median vs $116,100.

Median household income in Morganfield is $63,546 compared to $37,260 in West Point (+70.5%). While Morganfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Morganfield spend roughly 15.7% of their income on rent, less than the 23.4% in West Point.

Income & Cost

Cost of Living Index
Morganfield
67
West Point
60
10% cheaper
Median Household Income
Morganfield
$63,546
41% higher
West Point
$37,260

Housing

Median Rent
Morganfield
$830
West Point
$726
13% cheaper
Median Home Value
Morganfield
$116,100
West Point
$68,200
41% cheaper
Population
Morganfield
3,208
West Point
1,131

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Morganfield
West Point $2.89
US $3.07
🥚
Eggs (grade A, large)
Morganfield
West Point $2.36
US $2.50
🥛
Milk (whole)
Morganfield
West Point $3.80
US $4.03
🍞
Bread (white)
Morganfield
West Point $1.75
US $1.85
🍗
Chicken breast
Morganfield
West Point $3.91
US $4.14
Electricity
Morganfield
West Point $0.15
US $0.19