Skyline of Rochester
Cost of Living: 98.9 120,000

Rochester, MN, US

Home of the Mayo Clinic with a world-class medical sector and growing biotech industry.

Updated October 22, 2026

Overview

Rochester is a city in MN with a population of 120,000. Home of the Mayo Clinic with a world-class medical sector and growing biotech industry. Housing costs are close to the national average. Gardening thrives here — the 4b growing zone supports Cold — cool-season crops, hardy perennials. A large share of residents hold a bachelor’s degree or higher.

Last updated: October 22, 2026

Cost of Living 98.9

Below Average vs US Avg (100)

Housing Index 105

Above Average

Median Income $89,389

Household income

Unemployment 2.5%

Job market health

Rochester vs US Average

Cost of Living
Rochester: 98.9
US Avg: 100
Housing Index
Rochester: 105
US Avg: 100
State Income Tax
Rochester: 7.25%
US Avg: ~5%

Taxes

  • State Income Tax: 7.2%
  • Sales Tax: 7.0%

Economy & Jobs

  • Median Income: $89,389
  • Unemployment: 2.5%
  • Population: 120,000

Climate

  • Sunny Days: 185/year
  • Summer High: 82°F
  • Winter Low: 12°F
  • Farming Zone: USDA Zone 4b

Internet Speed

  • Average 200 Mbps: 200 Mbps
  • Coworking Spaces: 15+ locations

Housing

  • Median Home: $320,000
  • 1BR Rent: $1300/mo

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Cost of Living

Rochester's cost of living index is 98.9 (US average = 100).

CategoryRochesterNational AverageDifference
Overall98.9100-1.1%
Housing105100+5.0%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$320,000
Median Rent (1BR)$1300/mo
Median Rent (2BR)$1,625/mo
Price per Sq Ft$213

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Utilities

Estimated monthly utility costs for a typical household in Rochester:

UtilityEstimated Monthly CostNotes
Electricity$111Based on ~900 kWh/month typical US household usage
Heating & Cooling$94Estimated based on local climate. Gas or electric
Cooling (AC)N/AEstimated based on local climate and electricity rates
Water$45Includes sewer
Internet (100+ Mbps)$70Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total Utilities$320Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Rochester scores 74/100 for remote work readiness:

Cost of Living
— 98.9
Rent
— $1300
Sunny Days
— 185
Tax
— 7.25%
Unemployment
— 2.5%
Climate
— 82°F / 12°F
Safety
— 4.1 homicides/100k
Population
— 120,000
Internet Speed
— 200 Mbps

Walkability

How easy it is to get around Rochester without a car, based on the EPA National Walkability Index.

38 /100

1% of residents live in above-average walkable neighborhoods.

Source: EPA National Walkability Index (2021)

Climate

Rochester has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January32°F12°F2.5"
April67°F27°F2.8"
July82°F57°F1.5"
October62°F30°F2.2"
USDA Zone 4b

Cold — cool-season crops, hardy perennials

Natural Hazards

Rochester faces the following natural hazards:

Blizzard High Risk

Severe winter storms and blizzards.

Wildfire Moderate Risk

Wildfire risk in forested areas.

Tornado Moderate Risk

Tornado risk.

Flood Moderate Risk

River and lake flooding.

Drought Moderate Risk

Periodic drought conditions.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 7.25%
  • Sales Tax: 7%
  • Property Tax: ~1.12% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 2.5%.

Crime & Safety

Crime rates in Rochester per 100,000 residents:

154.0
Violent Crime
1,368.4
Property Crime
4.1
Homicide

Data source: FBI Uniform Crime Reporting

Schools & Education

43/100
School Quality Score
Better than 57% of UK cities
?
49
Total Schools
223.9:1
Student:Teacher
89.0%
Free/Reduced Lunch

Data source: National Center for Education Statistics (NCES)

Universities & Higher Education

3
Universities
#91
Top University Rank
1
Top 500 Universities
Top-Ranked University University of Rochester

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Rochester is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Asian
8.0%
Black or African American
9.4%
Hispanic or Latino
6.2%
Native American
0.1%
Native Hawaiian or Pacific Islander
0.1%
Other
0.4%
Two or more races
4.3%
White
71.5%

Education

Bachelor's degree or higher
50.1%
High school graduate
18.9%
Less than high school
5.5%
Some college
25.5%

Religion

Christian
65.0%
Other
7.0%
Unaffiliated
28.0%

Data source: US Census Bureau American Community Survey (ACS) (2023)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Rochester, MN, US?

The cost of living index in Rochester is 98.9, which is Lower the US national average of 100.

How much does it cost to buy a home in Rochester?

The median home price in Rochester is $320,000. The housing index is 105.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Rochester is approximately $1300/mo.

Does Rochester, MN have income tax?

Rochester is in MN, which has an income tax rate of 7.25%.

What is the climate like in Rochester?

Rochester enjoys approximately 185 sunny days per year. Summer highs reach around 82°F, while winter lows can drop to around 12°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: October 23, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.