Cost of Living in Rice Lake, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
63.1
100 = national avg
-36.9 vs national average
Living Wage (1 Adult)
$27,776
per year
Living Wage (Family of 4)
$65,652
per year
Cost Index by Category
Housing44.1
Food81.8
Transportation63.6
Healthcare85.5
Utilities77.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$785
per month
2 Bedroom
$973
per month
The overall cost of living index in Rice Lake is 63.1, which is 36.9% below the national average. Housing costs are below the national average at an index of 44.1. A single adult needs to earn approximately $27,776 per year to cover basic expenses.