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Deckerville, MI vs Iron River, MI

64
Deckerville
Michigan
VS
+22.4%
52
Iron River
Michigan

There is a significant gap in the cost of living between these two cities. Iron River is 22.4% cheaper than Deckerville. With a cost index of 52 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Iron River to Deckerville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Deckerville is $802/month compared to $435/month in Iron River — a 84% difference. Home values follow the same pattern: Iron River is more affordable at $75,000 median vs $81,900.

Median household income in Deckerville is $59,375 compared to $48,750 in Iron River (+21.8%). The higher salaries in Deckerville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Deckerville spend roughly 16.2% of their income on rent, more than the 10.7% in Iron River.

Income & Cost

Cost of Living Index
Deckerville
64
Iron River
52
18% cheaper
Median Household Income
Deckerville
$59,375
18% higher
Iron River
$48,750

Housing

Median Rent
Deckerville
$802
Iron River
$435
46% cheaper
Median Home Value
Deckerville
$81,900
Iron River
$75,000
8% cheaper
Population
Deckerville
1,057
Iron River
3,009

Salary Equivalency Calculator

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