Adams, WI vs Iron River, WI

Adams, WI and Iron River, WI have a very similar cost of living, with only a 4.2% difference in their overall index. Adams scores 63 while Iron River scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Adams is $701/month compared to $653/month in Iron River — a 7% difference. Interestingly, home values tell a different story: while Iron River has cheaper rent, Adams actually has lower median home values ($101,200 vs $152,100).

Median household income in Adams is $41,917 compared to $55,294 in Iron River (-24.2%). While Iron River is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Adams spend roughly 20.1% of their income on rent, more than the 14.2% in Iron River.