Housing costs in Ironwood?
A typical home costs
$77,300, which is 77.1% less expensive than the national average of
$338,100 and 64.7% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ironwood costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 44.7% cheaper than the state average of
$1,100.
Can I afford Ironwood?
To live comfortably in Ironwood (zip 49938), Michigan, a minimum annual income of
$14,760 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Ironwood?
The cost of living in 49938 Ironwood, MI is fairly moderate. The rent for a one-bedroom apartment averages around $600 each month, and the median home value stands at about $134,900. Food costs are generally on par with national averages, while utilities are slightly lower than the national average. Prices for goods and services, such as clothing and entertainment, are also within range of normal prices. Overall, the cost of living in Ironwood is reasonable when compared to other U.S. cities of similar size.