College Costs in Iron Mountain, MI 2026
Compare tuition, housing, and financial aid across 1 colleges in Iron Mountain, Michigan. Use our free calculator to estimate your total cost.
Avg Public Tuition
$15,400
per year
Avg Private Tuition
$32,000
per year
Avg Rent Near Campus
$573
per month
Colleges & Universities
1
institutions
Iron Mountain Overview
Population
7,396
Student Population
933 (12.6%)
Cost of Living Index
82.7 (avg: 100)
Walk Score
43/100
Transit Score
25/100
Unemployment Rate
4.9%
College Cost Calculator for Iron Mountain
Cost Inputs
Total Cost (4 Years, Public In-State)
$114,644
Total After Financial Aid
$114,644
Annual Cost
$28,661
Annual After Aid
$28,661
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $114,644 |
| Monthly Payment | $1,302 |
| Total Interest | $41,567 |
| Total Loan Cost | $156,211 |
Universities in Iron Mountain
| University | Type | Annual Tuition |
|---|---|---|
| Iron Mountain State University | Public | $16,309 |
| Iron Mountain Community College | Community | $5,283 |
Iron Mountain has 1 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Iron Mountain vs. National Average
| Category | Iron Mountain | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $15,400 | $10,940 | +$4,460 |
| Monthly Rent Near Campus | $573 | $1,050 | -$477 |
| Cost of Living Index | 82.7 | 100 | -17.299999999999997 |
Iron Mountain's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Iron Mountain
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
933 students
Iron Mountain has a total population of 7,396, with approximately 933 college students (12.6% of the population). Iron Mountain has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in Iron Mountain
$28,090
Starting Salary
4.9%
Unemployment Rate
62%
Graduation Rate
~0 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Iron Mountain earn a median starting salary of $28,090, which is -$6,910 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $114,644 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $11,597 per student per year, the net cost and payback period can be significantly reduced.
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