Cost of Living in Iron City, TN
Population: 226 | Tennessee
Iron City is 23% less expensive than the national average.
Cost of Living in Iron City, TN: What You Need to Know
With a cost of living index of 77, Iron City, TN is a very affordable place to live. Living here is 23% cheaper than the national average and 4% below the Tennessee state average of 80. Iron City is a small community of 226 residents.
The median household income in Iron City is $17,500, which is 77% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $17,500
- vs US Median ($75,149)
- -77%
Housing
- Median Home Value
- $54,700
- Median Monthly Housing Cost
- $568/mo