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Wisconsin

Cost of living in Iron County, WI

Estimated monthly cost
$2,678/mo
for a single person, all categories combined

Population 6,164 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $740 28%
Healthcare $480 18%
Federal tax $447 17%
Groceries $329 12%
Transport $320 12%
Energy $179 7%
State tax $133 5%
Water $50 2%

Rent in Iron County

Fair Market Rents by bedroom count.

Studio
$660
per month
1 bedroom
$740
per month
2 bedroom
$933
per month
3 bedroom
$1,143
per month
4 bedroom
$1,422
per month

Source: HUD FMR FY2025

Income and earnings in Iron County

Annual earnings figures from the Census ACS.

Household income
$59,058
per year
Individual earnings
$37,382
per year
Per capita
$35,462
per year

Source: ACS 2019-2023 5-Year.

Home values in Iron County

Average values reported by homeowners.

Average home value
$155,200
Annual property tax
$1,777

Source: ACS 2019-2023 5-Year

Energy costs in Iron County

Estimated monthly electricity and gas costs.

Electricity
$121
per month · 17.3¢/kWh
Natural gas
$58
per month
Annual total
$2,148
per year

Source: EIA

Healthcare in Iron County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
5.9%

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 Iron County

State and local tax rates for Wisconsin.

State income tax
7.7%
Top marginal rate
State sales tax
5.0%
Combined sales tax
5.4%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Iron County

Commute patterns and estimated costs.

Average commute
20.8 min
Drive alone
81.3%
Public transit
0.0%
Work from home
5.6%

Source: ACS

Monthly cost estimates for Iron County

What it costs to live in Iron County each month.

Single person
$2,678
per month
  • Rent $740
  • Energy $179
  • Water $50
  • Groceries $329
  • Transport $320
  • Healthcare $480
  • Federal tax $447
  • State tax $133
Couple
$3,902
per month
  • Rent $933
  • Energy $215
  • Water $60
  • Groceries $545
  • Transport $420
  • Healthcare $864
  • Federal tax $636
  • State tax $229
Family
$6,243
per month
  • Rent $1,143
  • Energy $268
  • Water $70
  • Groceries $827
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $636
  • State tax $229

Frequently asked questions about Iron County

Common questions about cost of living, rent and salary.

What is the average rent in Iron County?

In Iron County, WI, a one-bedroom apartment averages $740 per month, a two-bedroom averages $933 per month, a three-bedroom averages $1,143 per month, according to HUD Fair Market Rent data.

What is the average salary in Iron County?

In Iron County, WI, the average household income is $59,058 per year and individual earnings for full-time workers average $37,382 per year, according to U.S. Census Bureau data.

What is the cost of living in Iron County?

The estimated cost of living in Iron County, WI is approximately $2,678 per month for a single person, $3,902 for a couple, $6,243 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Iron County?

The combined sales tax rate in Iron County, WI is 5.44%, which includes the Wisconsin state rate of 5.00% plus an average local rate of 0.44%.

Is Iron County an affordable place to live?

Based on the data, a single person in Iron County, WI would need approximately $2,678 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $59,058 per year ($4,922 per month). Iron County has a moderate cost of living relative to local earnings.

How much does healthcare cost in Iron County?

The ACA marketplace benchmark premium in Iron County, WI is approximately $480 per month for an individual. Approximately 5.9% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Iron County?

The average home value in Iron County, WI is $155,200, with average annual property taxes of $1,777, according to U.S. Census Bureau data.

How does Iron County compare to other areas?

You can compare Iron County, WI with any other US county using our comparison tool at /compare. Iron County is in Wisconsin.

Other counties in Wisconsin

Browse the full list of counties in Wisconsin, ranked by cost of living.

See all counties in Wisconsin

Compare Iron County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

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
Methodology All data sources