Cost of living in Ironton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Ironton is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Ironton is 83, with 100 being the average.
The cost of living index in Ironton is 0.8x lower than the national average.
Ironton ranks as the #30 cheapest in Ohio out of 286.
Ironton ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Ironton is $90,100.
The median income in Ironton is $38,654.
According to the most recent data on the cost of living, Ironton has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Ohio, Ironton has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Ironton ranks as #30 most affordable out of the 286 places we measured in Ohio. By definition, that implies Ironton ranks as the #256 most expensive place in the Buckeye State.
For more reading on life in Ironton, check out:
Six factors go into calculating the cost of living index in Ironton. Here is how it fairs on each of the criteria:
The Services index in Ironton is 95.
The Groceries index in Ironton is 100.
The Health index in Ironton is 96.
The Housing index in Ironton is 53.
The Transportation index in Ironton is 99.
The Utilities index in Ironton is 86.
Living Expense | Ironton | Ohio | National Average | |
---|---|---|---|---|
Overall | 83 | 91 | 100 | |
Services | 95 | 98 | 100 | |
Groceries | 100 | 101 | 100 | |
Health | 96 | 95 | 100 | |
Housing | 53 | 73 | 100 | |
Transportation | 99 | 98 | 100 | |
Utilities | 86 | 93 | 100 |
Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Ironton is $90,100.
The Median Rent in Ironton is $672.
The Median Income in Ironton is $38,654.
The Home Value To Income in Ironton is 2.3x.
The Rent To Monthly Income in Ironton is 0.21x.
Statistic | Ironton | Ohio | United States |
---|---|---|---|
Median Home Value | $90,100 | $159,900 | $244,900 |
Median Rent | $672 | $870 | $1,163 |
Median Income | $38,654 | $61,938 | $69,021 |
Home Value To Income | 2.3x | 2.6x | 3.5x |
Rent To Monthly Income | 0.21x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Ironton. Here's a quick look at the cost of living in the most populous nearby places:
Huntington, WV has a cost of living index of 84, 1.0x Ironton.
Ashland, KY has a cost of living index of 83, 1.0x Ironton.
Flatwoods, KY has a cost of living index of 82, 1.0x Ironton.
City | Population | Cost Of Living | Vs. Ironton |
---|---|---|---|
Huntington, WV | 46,923 | 84 | 1.0x |
Ashland, KY | 21,695 | 83 | 1.0x |
Flatwoods, KY | 7,314 | 82 | 1.0x |
Wheelersburg, OH | 6,349 | 87 | 1.0x |