Rice Lake, WI, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Rice Lake is 86, which is 14% lower than the average of 100. This makes housing, groceries, utilities, transportation, and miscellaneous expenses more affordable for residents and job seekers. The healthcare index matches the national average, providing balanced living conditions.
Rice Lake, WI, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 75, which is 25% below the national average. This means that housing expenses in Rice Lake are significantly more affordable, making it an attractive option for those looking to save on their living costs. Additionally, groceries in Rice Lake are priced at 90, which is 10% below the average. This slight reduction in grocery costs can add up over time, providing further savings for residents.
Utilities in Rice Lake are slightly above the national average, with an index of 95, representing a 5% increase. While this is a minor uptick, it is still relatively minor compared to other areas. Transportation costs are more favorable, with an index of 85, meaning they are 15% cheaper than the national average. Healthcare costs in Rice Lake align with the national average at 100, offering no additional cost or savings. Lastly, miscellaneous expenses, which include items like clothing and entertainment, are at 80, which is 20% below the average. This comprehensive overview highlights the overall affordability of living in Rice Lake, WI.
