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Center City, MN vs Rice, MN

98
Center City
Minnesota
VS
+1.3%
97
Rice
Minnesota

Center City, MN and Rice, MN have a very similar cost of living, with only a 1.3% difference in their overall index. Center City scores 98 while Rice scores 97 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Center City is $1,156/month compared to $1,529/month in Rice — a 24% difference. Interestingly, home values tell a different story: while Center City has cheaper rent, Rice actually has lower median home values ($237,600 vs $327,500).

Median household income in Center City is $94,712 compared to $103,482 in Rice (-8.5%). Rice offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Center City spend roughly 14.6% of their income on rent, less than the 17.7% in Rice.

Income & Cost

Cost of Living Index
Center City
98
Rice
97
1% cheaper
Median Household Income
Center City
$94,712
Rice
$103,482
8% higher

Housing

Median Rent
Center City
$1,156
24% cheaper
Rice
$1,529
Median Home Value
Center City
$327,500
Rice
$237,600
27% cheaper
Population
Center City
668
Rice
1,998

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Center City $3.20
Rice $2.97
US $3.07
🥚
Eggs (grade A, large)
Center City $2.61
Rice $2.43
US $2.50
🥛
Milk (whole)
Center City $4.21
Rice $3.91
US $4.03
🍞
Bread (white)
Center City $1.93
Rice $1.79
US $1.85
🍗
Chicken breast
Center City $4.33
Rice $4.02
US $4.14
Electricity
Center City $0.17
Rice $0.17
US $0.19