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HOYT LAKES vs. IRON RIVER
Cost of Living Comparison

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Cost of Living Calculator - Hoyt Lakes, Minnesota vs Iron River, Michigan

The cost of living in Iron River, Michigan is 11.4% more expensive than Hoyt Lakes, Minnesota.

You would need a salary of $55,716 in Iron River, Michigan to maintain the standard of living you have in Hoyt Lakes, Minnesota.

Comparison highlights

• Overall, Iron River, Michigan is more expensive than Hoyt Lakes, Minnesota
• Utilities are the biggest factor in the cost of living difference.

Utilities
54% more expensive in Iron River
than in Hoyt Lakes, Minnesota

Hoyt Lakes, MN vs Iron River, MI

Compared to Hoyt Lakes, Iron River is:

Homeowner

No Child Care, Taxes not Considered

11.4% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

1.8% lower

Housing (Homeowner)

6.3% lower

Housing (Rent)

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Median Home Cost

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Utilities

54.8% higher

Commute

5.0% higher

Health

41.0% higher

Taxes

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Childcare

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Personal

4.7% lower

Cost of Food

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