Rice Lake, MN vs The Lakes, MN

The cost of living difference between Rice Lake, MN and The Lakes, MN is dramatic. Rice Lake is 53.4% cheaper than The Lakes, a gap that translates to thousands of dollars per year in household expenses. Rice Lake has a cost index of 49 while The Lakes sits at 106, 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.

When it comes to buying, median home values in Rice Lake are $21,500 compared to $391,900 in The Lakes, a 95% gap.

Median household income in Rice Lake is $41,625 compared to $88,929 in The Lakes (-53.2%). The higher salaries in The Lakes partially offset the cost difference, but don't fully close the gap.

Climate-wise, The Lakes is notably warmer with an average of 45.4°F compared to 40.4°F in Rice Lake. The Lakes receives more rainfall at 28" per year compared to 23.9" in Rice Lake.