Housing costs in Rice Lake?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Rice Lake costs
$1,450 per month, which is 1.4% more than the national average of
$1,430 and 14.5% more than the state average of
$1,240.
Can I afford Rice Lake?
To live comfortably in Rice Lake, Minnesota, a minimum annual income of
$50,040 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Rice Lake?
Rice Lake, MN is an affordable place to live compared to the US average. The median value of a house in Rice Lake is significantly lower than the national average at $338,100. Along with this, the cost of living in Rice Lake is also lower than the US average which can make it a great place to live for those on a budget. With the lower cost of living in Rice Lake, you can get more out of your money and have a better quality of life.