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Cassopolis, MI vs Ironwood, MI

65
Cassopolis
Michigan
VS
+16.8%
56
Ironwood
Michigan

There is a significant gap in the cost of living between these two cities. Ironwood is 16.8% cheaper than Cassopolis. With a cost index of 56 vs 65, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ironwood to Cassopolis should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cassopolis is $827/month compared to $555/month in Ironwood — a 49% difference. Home values follow the same pattern: Ironwood is more affordable at $74,900 median vs $99,700.

Median household income in Cassopolis is $40,529 compared to $37,191 in Ironwood (+9%). The higher salaries in Cassopolis partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cassopolis spend roughly 24.5% of their income on rent, more than the 17.9% in Ironwood.

Income & Cost

Cost of Living Index
Cassopolis
65
Ironwood
56
14% cheaper
Median Household Income
Cassopolis
$40,529
8% higher
Ironwood
$37,191

Housing

Median Rent
Cassopolis
$827
Ironwood
$555
33% cheaper
Median Home Value
Cassopolis
$99,700
Ironwood
$74,900
25% cheaper
Population
Cassopolis
1,763
Ironwood
5,004

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cassopolis $2.90
Ironwood
US $3.07
🥚
Eggs (grade A, large)
Cassopolis $2.37
Ironwood
US $2.50
🥛
Milk (whole)
Cassopolis $3.81
Ironwood
US $4.03
🍞
Bread (white)
Cassopolis $1.75
Ironwood
US $1.85
🍗
Chicken breast
Cassopolis $3.92
Ironwood
US $4.14
Electricity
Cassopolis $0.16
Ironwood
US $0.19