Cost of Living in Ironton, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.8
100 = national avg
-13.2 vs national average
Living Wage (1 Adult)
$38,194
per year
Living Wage (Family of 4)
$90,278
per year
Cost Index by Category
Housing82.5
Food92.4
Transportation84.9
Healthcare94.0
Utilities92.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$854
per month
2 Bedroom
$1,120
per month
The overall cost of living index in Ironton is 86.8, which is 13.2% below the national average. Housing costs are below the national average at an index of 82.5. A single adult needs to earn approximately $38,194 per year to cover basic expenses.