Chicago, Illinois vs. Iron River, Michigan

Cost of Living Comparison

The cost of living in Iron River, Michigan is 28.3% cheaper than Chicago, Illinois.

You would need a salary of $55,922 in Iron River, Michigan to maintain the standard of living you have in Chicago, Illinois.
Comparison highlights
• Overall, Iron River, Michigan is cheaper than Chicago, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
80% cheaper in Iron River
than in Chicago, Illinois
Chicago, IL vs. Iron River, MI
Compared to Chicago, Iron River is:
  Homeowner
      No Child Care, Taxes not Considered
  28.3% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  8.0% lower
  Housing (Homeowner)
  74.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  47.0% higher
  Commute
  34.9% lower
  Health
  38.3% higher
  Taxes
  Childcare
  Personal
  11.4% lower