Rice Lake, WI Cost of Living


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United States / Wisconsin / No Metro Area / Barron County / Rice Lake / Zip Codes

Rice Lake cost of living score
84.8
Less expensive
15.2% lower
than the US average
5.7% lower
than the Wisconsin average
Rice Lake, Wisconsin gets a BestPlaces Cost of Living score of 84.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.2% lower than the U.S. average and 5.7% higher than the average for Wisconsin.

Rice Lake, WI

Housing costs in Rice Lake?
A typical home costs $210,000, which is 37.9% less expensive than the national average of $338,100 and 14.0% less expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Rice Lake costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 14.4% cheaper than the state average of $1,030.

Can I afford Rice Lake?
To live comfortably in Rice Lake, Wisconsin, a minimum annual income of $40,320 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 relatively low. The city's housing market is quite affordable, with median home prices around $150,000 and average rental costs coming in at just over $700 per month. Consumer goods such as food and clothing are also very reasonably priced throughout the area. Additionally, utility costs tend to be on the lower end of the spectrum for the state. All this combined makes Rice Lake a good option for people looking to save money while maintaining quality of life.
   Cost of living score
     CategoriesRice LakeWisconsinUnited States
  84.889.9100.0
  95.894.7100
  125.998.9100.0
  63.779.3100.0
  $210,000$244,100$338,100
  96.9%99.0%100.0%
  69.686.9100.0
  89.9106.6100.0

   100=National Average

   Average Rent by Bedroom Size
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