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Ironton, MN vs Plato, MN

71
Ironton
Minnesota
VS
-22.7%
92
Plato
Minnesota

There is a significant gap in the cost of living between these two cities. Ironton is 22.7% cheaper than Plato. With a cost index of 71 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ironton to Plato should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Ironton are $128,300 compared to $228,900 in Plato, a 44% gap.

Median household income in Ironton is $55,536 compared to $99,375 in Plato (-44.1%). While Plato is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Plato is notably warmer with an average of 46.7°F compared to 42.2°F in Ironton. Plato receives more rainfall at 30.6" per year compared to 24.5" in Ironton.

Income & Cost

Cost of Living Index
Ironton
71
23% cheaper
Plato
92
Median Household Income
Ironton
$55,536
Plato
$99,375
44% higher

Housing

Median Rent
Ironton
$900
Plato
Median Home Value
Ironton
$128,300
44% cheaper
Plato
$228,900
Population
Ironton
557
Plato
193

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Ironton 42.2°F
Plato 46.7°F
Summer High
Ironton 82°F
Plato 84°F
Winter Low
Ironton -0°F
Plato 8°F
Rainfall
Ironton 24.5"
Plato 30.6"
Rainy Days
Ironton 100d
Plato 107d