They can be as small and cheap as a plastic tarpaulin draped over a simple wooden frame, or as expensive as a small cabin with heating, bunks, electricity, and cooking facilities.
More durable ice houses are generally left on a lake for the duration of the ice fishing season, although this can cause problems, such as thaws and re-freezing causing houses to be immoveably frozen onto the lake.
Fishermen often decorate their ice shanties in humorous ways (toilets are a popular joke addition), while others studiously work on ways to make their ice shanties more comfortable and efficient.
Much of the culture reflects on the inherent danger of erecting a structure atop a frozen pond.
The mayor of Hudson, Ohio claimed ice shanties could lead to increases in prostitution, although WJW (TV) could find no evidence of this.