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Mountain Iron, MN vs Scanlon, MN

73
Mountain Iron
Minnesota
VS
-23.7%
96
Scanlon
Minnesota

There is a significant gap in the cost of living between these two cities. Mountain Iron is 23.7% cheaper than Scanlon. With a cost index of 73 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mountain Iron to Scanlon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Mountain Iron is $911/month compared to $1,550/month in Scanlon — a 41% difference. Home values follow the same pattern: Mountain Iron is more affordable at $180,700 median vs $221,500.

Median household income in Mountain Iron is $81,607 compared to $75,833 in Scanlon (+7.6%). Mountain Iron offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Mountain Iron spend roughly 13.4% of their income on rent, less than the 24.5% in Scanlon.

Climate-wise, Scanlon is notably warmer with an average of 40.6°F compared to 36.9°F in Mountain Iron. Scanlon receives more rainfall at 31.2" per year compared to 24.8" in Mountain Iron.

Income & Cost

Cost of Living Index
Mountain Iron
73
24% cheaper
Scanlon
96
Median Household Income
Mountain Iron
$81,607
7% higher
Scanlon
$75,833

Housing

Median Rent
Mountain Iron
$911
41% cheaper
Scanlon
$1,550
Median Home Value
Mountain Iron
$180,700
18% cheaper
Scanlon
$221,500
Population
Mountain Iron
2,865
Scanlon
1,087

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mountain Iron $2.97
Scanlon $2.97
US $3.07
🥚
Eggs (grade A, large)
Mountain Iron $2.42
Scanlon $2.42
US $2.50
🥛
Milk (whole)
Mountain Iron $3.90
Scanlon $3.90
US $4.03
🍞
Bread (white)
Mountain Iron $1.79
Scanlon $1.79
US $1.85
🍗
Chicken breast
Mountain Iron $4.01
Scanlon $4.01
US $4.14
Electricity
Mountain Iron $0.17
Scanlon $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Mountain Iron 36.9°F
Scanlon 40.6°F
Summer High
Mountain Iron 77°F
Scanlon 78°F
Winter Low
Mountain Iron -4°F
Scanlon 2°F
Rainfall
Mountain Iron 24.8"
Scanlon 31.2"
Rainy Days
Mountain Iron 113d
Scanlon 133d