Cost of Living in Ironton, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
124.1
100 = national avg
+24.1 vs national average
Living Wage (1 Adult)
$54,591
per year
Living Wage (Family of 4)
$129,033
per year
Cost Index by Category
Housing119.3
Food119.0
Transportation138.1
Healthcare115.2
Utilities115.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$800
per month
2 Bedroom
$1,039
per month
The overall cost of living index in Ironton is 124.1, which is 24.1% above the national average. Housing costs are above the national average at an index of 119.3. A single adult needs to earn approximately $54,591 per year to cover basic expenses.