Cost Of Living in Iron River, WI

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A+

10%

Overall NAT. AVG.

0%

Groceries NAT. AVG.

36%

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 River	Wisconsin	National
Cost of living	90	96	100
Groceries	100	99	100
Health care	99	98	100
Housing	64	89	100
Transportation	104	98	100
Utilities	107	101	100
Lifestyle & Entertainment	97	98	100
Household Items	100	99	100
Education & Childcare	98	98	100

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Homes For Sale In Iron River, WI

66095 N Point Dr

Iron River, WI

10165 Teepee Trl

Iron River, WI

9591 S Buskey Bay Dr

Iron River, WI

7735 Staples Ave

Iron River, WI

Cost Of Living Quick Facts

The cost of living in Iron River is 6% lower than the Wisconsin average
The cost of living in Iron River is 10% lower than the national average
Iron River housing is 36% lower than the national average
Wisconsin general sales tax is 2% lower than the national average
Wisconsin state income tax is 36% higher than the national average

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Price difference in compared to

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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$77,800	$6,483	$1,815	$2,334
Renters	$29,145	$2,429	$680	$874

Wisconsin Sales Tax

State	General Sales Tax	With Max Surtax
Wisconsin	5%	6.75%

Wisconsin Income Tax

State	Income Tax (Low)	Income Tax (High)
Wisconsin	3.54%	7.65%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Port Wing, WI	171	86	13.8%
Grand View, WI	106	88	12.1%
Brule, WI	207	95	4.5%
Lake Nebagamon, WI	852	107	6.6%
Iron River, WI	678	90	10.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Gila Crossing, AZ	678	100	0.0%
San Luis, CO	678	90	9.7%
Klemme, IA	678	80	19.9%
Dongola, IL	678	81	18.6%
Holiday Hills, IL	678	104	3.7%
Iron River, WI	678	90	10.4%

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.

Cost of Living in Iron River, WI

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

Wisconsin Sales Tax

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Nearby cities with low cost of living

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