Glencoe, MN vs Rice, MN

There is a significant gap in the cost of living between these two cities. Glencoe is 19.3% cheaper than Rice. With a cost index of 78 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Glencoe to Rice should plan for substantially higher expenses across most categories.

On the housing front, median rent in Glencoe is $901/month compared to $1,529/month in Rice — a 41% difference. Home values follow the same pattern: Glencoe is more affordable at $213,100 median vs $237,600.

Median household income in Glencoe is $63,967 compared to $103,482 in Rice (-38.2%). While Rice is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Glencoe spend roughly 16.9% of their income on rent, less than the 17.7% in Rice.

Climate-wise, Glencoe is notably warmer with an average of 46.7°F compared to 42.9°F in Rice. Glencoe receives more rainfall at 30.6" per year compared to 28.5" in Rice.