Cost of living in Rice township, Minnesota

Cost of living
compared to USA

moderate

Cost of living
compared to Minnesota

the lowest

Median household
income

the lowest

Is it expensive to live in Rice township, Minnesota? When calculating the cost of living in Rice township, Minnesota we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Rice township, Minnesota is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Minnesota, while median household income in Rice township is $38,333 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Minnesota.

Taxes in Rice township, Minnesota

The sales tax rate in Rice township, Minnesota is 7.3%. Last year, the average property taxes paid was 0.8% Rice township, Minnesota.

Here is the table with the State Income Taxes in the state of Minnesota:

State Income Tax Brackets:

Income Brackets(single):	Income Brackets(Married):	Minnesota Income Tax Rate
$0 - $30,070	$0 - $43,950	5.3%
$30,070 - $98,760	$43,950 - $174,610	6.8%
$98,760 - $183,340	$174,610 - $304,970	7.8%
>= $183,340	>= $304,970	9.8%

Housing costs in Rice township, Minnesota

The average cost of
a single-family home
compated to USA

moderate

The average cost of
a single-family home
compated to Minnesota

moderate

In Rice township, Minnesota, 91.0% of the population owns their homes, while approximately 9.0% rent. The average cost of a single-family home in Rice township, Minnesota in 2023 is $320,599 which is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Minnesota. The average one-bedroom apartment cost is approximately $720 per month.

Rental Size	Monthly Cost	Compared to Minnesota
1 Bedroom	$720	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$910	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,280	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$1,540	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest