Cost of living in Iron Mountain
Iron Mountain, located in Michigan, United States, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in this city is crucial for both current residents and those considering a move.
This guide provides a detailed breakdown of expenses in Iron Mountain, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $12 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $70, with prices ranging from $50 to $90.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $9 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $6, imported beer $5 to $8, cappuccino $3 to $6, and Coke/Pepsi $1.99 to $3.75.
Grocery Prices
- Milk - Milk is priced between $0.71 and $1.03 per liter, averaging $0.84.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $6.61, with an average price of $3.03.
- Eggs (Dozen) - A dozen eggs range from $1.79 to $4, averaging $3.02.
- Fruits (e.g., Apples, Oranges) - Apples cost $4.39 to $8.82 per kg, while oranges range from $2.93 to $16.53 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $4.41 per kg, and lettuce costs $1.4 to $3 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.73 and $1.04 per liter.
- Taxi Fares - Taxi fares start at $2.8, with a cost of $1.6 to $2.8 per km and $21 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- 3-Bedroom Apartment Rent (City Centre) - Data not provided.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- Buying Price per Square Meter (City Centre) - Data not provided.
- Buying Price per Square Meter (Outside Centre) - Data not provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $140 and $348, averaging $199.49.
- Internet - Internet services range from $50 to $95, with an average cost of $73.25.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Iron Mountain offers a relatively affordable cost of living compared to larger urban areas. Dining out can vary significantly in price, providing options for both budget-friendly and upscale experiences.
Grocery prices are moderate, with some variability in fresh produce costs. Transportation costs are reasonable, particularly for gasoline.
While specific housing data is not available, utility costs are moderate, and internet services are competitively priced.
Conclusion
In conclusion, Iron Mountain, MI, presents a balanced cost of living with affordable dining and transportation options. While housing data is limited, the available information suggests a manageable expense structure for residents.
Potential residents should consider the variability in dining and grocery prices when planning their budget. Overall, Iron Mountain offers a cost-effective lifestyle with essential amenities.