Cost of Living in Iron County, MI
Modeled annual cost: $44,588.
Median family income: $71,110.
MI Median $44,032
Iron County, MI Affordability at a glance
Median Income
$71,110Estimated Annual Costs
$44,588Cost/Income Ratio
62.7%Location Type
Not MetropolitanBiggest category:
Transport is the biggest expense in Iron County, MI.
$13,823 per year.*31.00% of total modeled yearly costs.
Cost breakdown
Total
$44,588
Per year
- Transport:$13,82331.0%
- Taxes:$8,32118.7%
- Housing:$7,84817.6%
- Healthcare:$6,67015.0%
- Food:$4,1899.4%
- Other Costs:$3,7378.4%
* Percentages may not add up to 100% due to rounding.
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See how Iron County, MI compares across the country.
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