Rice Lake, WI Cost Of Living

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Updated: 2020-03-08
Rice Lake's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Rice Lake is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Rice Lake, WI?

According to the most recent data on the cost of living, Rice Lake has an overall cost of living index of 91 which is 0.9x lower than the national index of 100.

Compared to only Wisconsin, Rice Lake has a cost of living index that's 0.9x lower than Wisconsin's index of 96.

The standard of living in Rice Lake ranks as #1887 most affordable out of the 6522 places we measured in Wisconsin. By definition, that implies Rice Lake ranks as the #4520 most expensive place in the Badger State.

Rice Lake Cost Of Living Vs. Wisconsin

Living Expense Rice Lake Wisconsin National Average
Overall 91 96 100
Services 104 98 100
Groceries 91 97 100
Health 111 113 100
Housing 62 88 100
Transportation 109 100 100
Utilities 108 97 100
For more reading on cost of living around Wisconsin, check out:
Rice Lake Cost of Living Vs. WI

Rice Lake, WI Housing Cost Breakdown

Housing swings affordability the most between places in Wisconsin, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Rice Lake Wisconsin United States
Median Home Value $127,200 $173,600 $204,900
Median Rent $667 $837 $1,023
Median Income $42,500 $59,209 $60,293
Home Value To Income 3.0x 2.9x 3.4x
Rent To Monthly Income 0.19x 0.17x 0.2x

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Cost Of Living In Cities Around Rice Lake

City Population Cost Of Living Vs. Rice Lake
Eau Claire, WI 68,086 95 1.0x
Menomonie, WI 16,312 95 1.0x
Chippewa Falls, WI 14,017 92 1.0x
New Richmond, WI 8,890 100 1.1x
Altoona, WI 7,499 96 1.1x
Lake Hallie, WI 6,633 99 1.1x

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