Cost of Living in Rochester, MN
2024 data from the Bureau of Economic Analysis
Cost Index
90.8
9.2% below avg
Housing Index
78.6
Median Income
$86,788
Median Rent
$1,115/mo
Cost Breakdown
Overall90.8 (-9.2%)
Housing78.6 (-21.4%)
Goods95.4 (-4.6%)
Utilities87.4 (-12.6%)
Other Services92.2 (-7.8%)
National average = 100
Income & Housing
Median Household Income
$86,788/year
Median Home Value
$266,900
Median Monthly Rent
$1,115/mo
Per Capita Income
$46,938/year
Compare Rochester, MN With
Rochester, MN vs Baton Rouge, LARochester, MN vs Fargo, NDRochester, MN vs Saginaw, MIRochester, MN vs Clarksville, TNRochester, MN vs Erie, PARochester, MN vs College Station, TXRochester, MN vs Mankato, MNRochester, MN vs Sioux Falls, SDRochester, MN vs Bismarck, NDRochester, MN vs Spartanburg, SC
Frequently Asked Questions
Is Rochester, MN expensive to live in?
Rochester, MN has a cost of living index of 90.8, which is 9.2% below the national average.
How much does housing cost in Rochester, MN?
Housing costs in Rochester, MN are indexed at 78.6 compared to the national average of 100. The median monthly rent is $1,115.
What is the average income in Rochester, MN?
The median household income in Rochester, MN is $86,788 per year.
What is the average home price in Rochester, MN?
The median home value in Rochester, MN is $266,900.