Housing costs in Rice Lake?
A typical home costs
$216,000, which is 36.1% less expensive than the national average of
$338,100 and 11.5% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Rice Lake costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 15.7% cheaper than the state average of
$1,030.
Can I afford Rice Lake?
To live comfortably in Rice Lake (zip 54868), Wisconsin, a minimum annual income of
$41,400 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Rice Lake?
The cost of living in Rice Lake, WI is quite affordable. While the city's median household income is slightly lower than the national average, it still provides a comfortable lifestyle for its residents. The median home value in Rice Lake is $135,100 and the median rent price is $722 per month. Also, groceries and other necessities are relatively inexpensive due to the affordability of local goods and services. Utilities are also quite economical with an average monthly rate around $110 dollars. Overall, Rice Lake offers a comfortable lifestyle that can be achieved at an affordable rate when compared to many other neighborhoods nationwide.