Rice Lake, ND Economy

Rice Lake, ND is a small town with a population of approximately 740 people. Despite its small size, Rice Lake offers its residents many advantages including low housing costs. The average rent for a two bedroom apartment in Rice Lake is just $780 per month compared to the US average of $1,430. Additionally, the cost of living index in Rice Lake is 103 versus 100 nationally which means grocery items are relatively inexpensive as well. The town is home to several local companies like Green Thumb Landscaping and Lumberjack Industries who offer high quality services to the community. Living in Rice Lake can be very affordable with low housing costs and groceries that are slightly cheaper than elsewhere in the US.