Cost of Living in Rice County, MN

What does it cost to live in Rice County? Income, housing, and affordability breakdown.

Median Income

$78,214

Median Rent

$1,021/mo

Median Home

$279,700

Affordability

375

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,414
Property Tax$231
Insurance$93

Total Monthly$1,738
% of Income26.7%

Renting

Median Rent$1,021
Renter's Insurance$25

Total Monthly$1,046
% of Income15.7%

Living in Rice County, Minnesota

Rice County has a median household income of $78,214 with housing costs that represent 26.7% of income for owners and 15.7% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 375 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Minnesota

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.