Cost of Living in Iron City, TN

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28%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
83%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Iron City Tennessee National
Cost of living7292100
Groceries9598100
Health care9797100
Housing1780100
Transportation9897100
Utilities9698100
Lifestyle & Entertainment9497100
Household Items9598100
Education & Childcare9197100
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Homes For Sale In Iron City, TN

property for sale

2539 Chisholm Rd

Iron City, TN
property for sale

Chisholm Rd

Iron City, TN
property for sale

8276 Middle Butler Rd

Iron City, TN
property for sale

99 Posey Cir

St Joseph, TN

Cost Of Living Quick Facts

  • The cost of living in Iron City is 22% lower than the Tennessee average
  • The cost of living in Iron City is 28% lower than the national average
  • Iron City housing is 83% lower than the national average
  • Tennessee general sales tax is 37% higher than the national average
  • Tennessee state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Iron City

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Compare Iron City, TN Cost of Living

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      Salary Calculator

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      Cost of living index
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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$44,758$3,730$1,044$1,343
      Renters$0$0$0$0

      Tennessee Sales Tax

      State General Sales Tax With Max Surtax
      Tennessee 7% 9.75%

      Tennessee Income Tax

      State Income Tax (Low) Income Tax (High)
      Tennessee 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Collinwood, TN1,1958019.9%
      St. Joseph, TN9238118.6%
      Loretto, TN1,8498415.8%
      Underwood-Petersville, AL2,7788614.3%
      Lexington, AL8318613.7%
      Iron City, TN977228.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Diomede, AK978911.3%
      Oscarville, AK978910.7%
      Bear Creek, CA9711918.6%
      Bennington, ID978811.9%
      Vernon, IL978613.8%
      Iron City, TN977228.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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