Cost of Living in Iron River, MI
Population: 3,009 | Michigan
52
Cost of Living Index
US Average = 100
Iron River is 48% less expensive than the national average.
33
Housing
25
Home Values
94
Regional Price
Income
- Median Household Income
- $48,750
- vs US Median ($75,149)
- -35%
Housing
- Median Rent
- $435/mo
- Median Home Value
- $75,000
- Median Monthly Housing Cost
- $575/mo