Cost of Living in Iron Belt, WI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
69.2
100 = national avg
-30.8 vs national average
Living Wage (1 Adult)
$30,438
per year
Living Wage (Family of 4)
$71,944
per year
Cost Index by Category
Housing33.7
Food92.9
Transportation85.8
Healthcare94.3
Utilities82.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$758
per month
2 Bedroom
$973
per month
The overall cost of living index in Iron Belt is 69.2, which is 30.8% below the national average. Housing costs are below the national average at an index of 33.7. A single adult needs to earn approximately $30,438 per year to cover basic expenses.