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Iron River, MI vs Saline, MI

52
Iron River
Michigan
VS
-43.9%
93
Saline
Michigan

The cost of living difference between Iron River, MI and Saline, MI is dramatic. Iron River is 43.9% cheaper than Saline, a gap that translates to thousands of dollars per year in household expenses. Iron River has a cost index of 52 while Saline sits at 93, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Iron River is $435/month compared to $1,098/month in Saline — a 60% difference. Home values follow the same pattern: Iron River is more affordable at $75,000 median vs $310,600.

Median household income in Iron River is $48,750 compared to $90,662 in Saline (-46.2%). While Saline is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Iron River spend roughly 10.7% of their income on rent, less than the 14.5% in Saline.

Income & Cost

Cost of Living Index
Iron River
52
44% cheaper
Saline
93
Median Household Income
Iron River
$48,750
Saline
$90,662
46% higher

Housing

Median Rent
Iron River
$435
60% cheaper
Saline
$1,098
Median Home Value
Iron River
$75,000
76% cheaper
Saline
$310,600
Population
Iron River
3,009
Saline
8,976

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Iron River
Saline $2.88
US $3.07
🥚
Eggs (grade A, large)
Iron River
Saline $2.35
US $2.50
🥛
Milk (whole)
Iron River
Saline $3.79
US $4.03
🍞
Bread (white)
Iron River
Saline $1.74
US $1.85
🍗
Chicken breast
Iron River
Saline $3.90
US $4.14
Electricity
Iron River
Saline $0.18
US $0.19