Ironton cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexIrontonMinnesotaNational
Cost of living index88102100
IndexIrontonMinnesotaNational
Goods & Services index103106100
Groceries index110105100
Health care index113110100
Housing index53101100
Transportation index10398100
Utilities index8591100

Did you know?

  • The cost of living in Ironton is 14% lower than the Minnesota average.
  • The cost of living in Ironton is 12% lower than the national average.
  • The cost of housing in Ironton is 47% lower than the national average.
  • Minnesota general sales tax is 35% higher than the national average.
  • Minnesota state income tax is 141% higher than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,597$4,716$1,321$1,698
Renters$15,893$1,324$371$477

Minnesota Sales Tax

StateGeneral Sales TaxWith Max Surtax
Minnesota6.875%7.875%

Minnesota Income Tax

StateIncome Tax (Low)Income Tax (High)
Minnesota5.35%9.85%

Goods & Services

ItemIrontonNational avg.Difference
Haircut $21.91$15.5640.8%
Beauty Salon $31.17$36.1113.7%
Toothpaste $3.64$2.4747.2%
Shampoo $1.19$0.9623.3%
Movie $10.04$10.130.9%
Bowling $4.29$4.749.4%

Groceries

ItemIrontonNational avg.Difference
Ground Beef $5.28$3.9832.5%
Fried Chicken $2.27$1.4161.2%
Milk $2.45$2.0618.8%
Potatoes $2.45$2.9817.7%
Pizza $8.10$9.4714.5%
Beer $9.08$8.793.3%

Health Care

ItemIrontonNational avg.Difference
Optometrist $121.76$101.0420.5%
Doctor $164.95$107.4453.5%
Dentist $87.93$90.422.7%
Ibuprofen $9.49$9.282.2%
Lipitor $392.82$426.507.9%

Housing

ItemIrontonNational avg.Difference
Home Price $86,400.00$175,700.0050.8%
Avg. Mortgage Payment $891.28$1,133.2321.4%
Apartment Rent $582.00$920.0036.7%

Transportation

ItemIrontonNational avg.Difference
Gasoline $1.94$1.992.8%
Tire Balancing $52.70$45.7615.2%

Utilities

ItemIrontonNational avg.Difference
All Electricity$169.36$163.813.4%
Phone $17.02$28.3940.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Deerwood, MN47086-14%
Riverton, MN11188-12%
Trommald, MN10389-11%
Crosby, MN2,39789-11%
Aitkin, MN2,35190-10%
Ironton, MN80788-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Arena, WI80795-5%
Dayton, WY80798-2%
College Station, AR80780-20%
New Site, AL80786-14%
Piper City, IL80783-17%
Ironton, MN80788-12%
Source: The Ironton, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.