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Ironton, MN vs Watson, MN

71
Ironton
Minnesota
VS
+18.1%
60
Watson
Minnesota

There is a significant gap in the cost of living between these two cities. Watson is 18.1% cheaper than Ironton. With a cost index of 60 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Watson to Ironton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ironton is $900/month compared to $706/month in Watson — a 28% difference. Home values follow the same pattern: Watson is more affordable at $66,500 median vs $128,300.

Median household income in Ironton is $55,536 compared to $38,958 in Watson (+42.6%). While Ironton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ironton spend roughly 19.4% of their income on rent, less than the 21.7% in Watson.

Climate-wise, Watson is notably warmer with an average of 45.4°F compared to 42.2°F in Ironton. Watson receives more rainfall at 28" per year compared to 24.5" in Ironton.

Income & Cost

Cost of Living Index
Ironton
71
Watson
60
15% cheaper
Median Household Income
Ironton
$55,536
30% higher
Watson
$38,958

Housing

Median Rent
Ironton
$900
Watson
$706
22% cheaper
Median Home Value
Ironton
$128,300
Watson
$66,500
48% cheaper
Population
Ironton
557
Watson
189

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Ironton 42.2°F
Watson 45.4°F
Summer High
Ironton 82°F
Watson 84°F
Winter Low
Ironton -0°F
Watson 6°F
Rainfall
Ironton 24.5"
Watson 28"
Rainy Days
Ironton 100d
Watson 96d