Cost of living in Iosco County, MI
Population 25,333 · Last updated May 21, 2026
Cost breakdown
Single person, by category, per month.
Rent in Iosco County
Fair Market Rents by bedroom count.
Source: HUD FMR FY2025
Income and earnings in Iosco County
Annual earnings figures from the Census ACS.
Source: ACS 2019-2023 5-Year.
Home values in Iosco County
Average values reported by homeowners.
Source: ACS 2019-2023 5-Year
Energy costs in Iosco County
Estimated monthly electricity and gas costs.
Source: EIA
Healthcare in Iosco County
Insurance premiums and coverage rates.
Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.
Taxes in Iosco County
State and local tax rates for Michigan.
Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.
Transportation in Iosco County
Commute patterns and estimated costs.
Source: ACS
Monthly cost estimates for Iosco County
What it costs to live in Iosco County each month.
- Rent $754
- Energy $191
- Water $50
- Groceries $326
- Transport $320
- Healthcare $480
- Federal tax $366
- State tax $115
- Rent $933
- Energy $229
- Water $60
- Groceries $540
- Transport $420
- Healthcare $864
- Federal tax $459
- State tax $169
- Rent $1,213
- Energy $286
- Water $70
- Groceries $820
- Transport $520
- Healthcare $1,350
- Childcare $1,200
- Federal tax $459
- State tax $169
Frequently asked questions about Iosco County
Common questions about cost of living, rent and salary.
What is the average rent in Iosco County?
In Iosco County, MI, a one-bedroom apartment averages $754 per month, a two-bedroom averages $933 per month, a three-bedroom averages $1,213 per month, according to HUD Fair Market Rent data.
What is the average salary in Iosco County?
In Iosco County, MI, the average household income is $47,777 per year and individual earnings for full-time workers average $32,434 per year, according to U.S. Census Bureau data.
What is the cost of living in Iosco County?
The estimated cost of living in Iosco County, MI is approximately $2,602 per month for a single person, $3,674 for a couple, $6,087 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.
What is the sales tax rate in Iosco County?
The combined sales tax rate in Iosco County, MI is 6.00%, which includes the Michigan state rate of 6.00% plus an average local rate of 0.00%.
Is Iosco County an affordable place to live?
Based on the data, a single person in Iosco County, MI would need approximately $2,602 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $47,777 per year ($3,981 per month). Iosco County has a moderate cost of living relative to local earnings.
How much does healthcare cost in Iosco County?
The ACA marketplace benchmark premium in Iosco County, MI is approximately $480 per month for an individual. Approximately 5.6% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.
What are house prices in Iosco County?
The average home value in Iosco County, MI is $122,900, with average annual property taxes of $1,304, according to U.S. Census Bureau data.
How does Iosco County compare to other areas?
You can compare Iosco County, MI with any other US county using our comparison tool at /compare. Iosco County is in Michigan.
Other counties in Michigan
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About this data
All figures on this page come from official U.S. government sources, listed below.
- HUD FMR FY2025
- ACS 2019-2023 5-Year
- EIA
- ACS + national avg
- ACS
- USDA + BEA RPP