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North Oaks, MN vs Rice, MN

187
North Oaks
Minnesota
VS
+93%
97
Rice
Minnesota

The cost of living difference between North Oaks, MN and Rice, MN is dramatic. Rice is 93% cheaper than North Oaks, a gap that translates to thousands of dollars per year in household expenses. North Oaks has a cost index of 187 while Rice sits at 97, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in North Oaks is $2,932/month compared to $1,529/month in Rice — a 92% difference. Home values follow the same pattern: Rice is more affordable at $237,600 median vs $756,300.

Median household income in North Oaks is $235,858 compared to $103,482 in Rice (+127.9%). While North Oaks is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of North Oaks spend roughly 14.9% of their income on rent, less than the 17.7% in Rice.

Climate-wise, North Oaks is notably warmer with an average of 46.5°F compared to 42.9°F in Rice. North Oaks receives more rainfall at 29.2" per year compared to 28.5" in Rice.

Income & Cost

Cost of Living Index
North Oaks
187
Rice
97
48% cheaper
Median Household Income
North Oaks
$235,858
56% higher
Rice
$103,482

Housing

Median Rent
North Oaks
$2,932
Rice
$1,529
48% cheaper
Median Home Value
North Oaks
$756,300
Rice
$237,600
69% cheaper
Population
North Oaks
5,175
Rice
1,998

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
North Oaks 46.5°F
Rice 42.9°F
Summer High
North Oaks 83°F
Rice 82°F
Winter Low
North Oaks 9°F
Rice 3°F
Rainfall
North Oaks 29.2"
Rice 28.5"
Rainy Days
North Oaks 102d
Rice 111d