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MIT vs Rice University

A comprehensive side-by-side comparison of academics, cost, admissions, campus life and career outcomes to help you choose.

3.9% MIT acceptance
7.5% Rice acceptance
$10,008 Rice cheaper over 4 years
Updated 2026 · Data: NCES, College Scorecard, IPEDS All figures in USD unless noted

School Overview

MIT
Cambridge, Massachusetts
Private
Founded
1861
Enrollment
11,858
Setting
Urban
Rice
Houston, Texas
Private
Founded
1912
Enrollment
8,972
Setting
Urban

At a Glance

Tuition Rice saves $112
MIT
$58,240
Rice
$58,128
Acceptance Rate MIT more selective
MIT
3.9%
Rice
7.5%
Graduation Rate MIT higher
MIT
95%
Rice
93%
Avg SAT Score MIT higher
MIT
1556
Rice
1520
Starting Salary MIT higher
MIT
$104,800
Rice
$80,100

Detailed Comparison

Metric MIT Rice Edge
Tuition (Out-of-State)$58,240$58,128Rice
Tuition (In-State)$58,240$58,128Rice
Room & Board$18,590$16,200Rice
Acceptance Rate3.9%7.5%MIT
Graduation Rate95%93%MIT
Average SAT15561520MIT
Student-Faculty Ratio3:16:1MIT
Enrollment11,8588,972-
Avg Financial Aid$46,890$43,400MIT
Starting Salary$104,800$80,100MIT
Endowment$27.4B$8.0BMIT
Campus Size168 acres300 acres-

Total Cost Comparison (4 Years)

Estimated sticker price before financial aid.

MIT
$307,320
4-year total (private)
VS
Rice
$297,312
4-year total (private)
After average financial aid, estimated net cost: MIT = $119,760 | Rice = $123,712. Your actual cost may differ. Use each school's Net Price Calculator for a personalized estimate.

Popular Majors

MIT Top Majors

Computer ScienceEngineeringMathematicsPhysicsBiology

Rice Top Majors

EngineeringComputer ScienceEconomicsBiologyKinesiology

Campus & Student Life

Setting
MITUrban
RiceUrban
Campus Size
MIT168 ac
Rice300 ac
Athletics
MITNCAA D3
RiceNCAA D1
Region
MITNortheast
RiceSouth
Founded
MIT1861
Rice1912
Enrollment
MIT11,858
Rice8,972

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Frequently Asked Questions

Is MIT or Rice harder to get into?+
MIT is more selective with an acceptance rate of 3.9% compared to 7.5%. Both schools look at GPA, test scores, extracurriculars, essays, and recommendations in their admissions process.
Which is cheaper, MIT or Rice?+
At sticker price, Rice costs less over 4 years ($297,312 vs $307,320). However, financial aid can dramatically change the actual cost. MIT offers an average of $46,890/year in aid while Rice offers $43,400/year. Always compare your actual net price after aid.
What are the average SAT scores for MIT and Rice?+
The average SAT score at MIT is 1556 and at Rice it is 1520. Keep in mind that admitted students often score across a range, and many schools practice holistic admissions where test scores are just one factor.
Do MIT or Rice graduates earn more?+
Graduates of MIT have a higher average starting salary ($104,800 vs $80,100). Salary outcomes vary significantly by major, industry, and location — so this is a general average across all graduates.
What is the student-to-faculty ratio at each school?+
MIT has a 3:1 student-to-faculty ratio while Rice has 6:1. A lower ratio generally means smaller class sizes and more individual attention from professors.
How do MIT and Rice compare for campus life?+
MIT is located in Cambridge, Massachusetts (urban setting) with a 168-acre campus. Rice is in Houston, Texas (urban setting) with 300 acres. MIT competes in NCAA D3 athletics and Rice in NCAA D1.