Cost of living in Iron River, MI

Iron River is a Census city in Iron County, MI. ACS 2024 5-year population is 3,002. Median gross rent is $486 (ACS 2024 5-year, this place). Median home value is $85,000. Median household income is $54,183. Insurance is the NAIC state average; food is a USDA plan — no town indexes.