Skyline of Rochester
Cost of Living: 100 120,000

Rochester, MN, US

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

Updated July 19, 2026
Cost of Living 100

Below Average vs US Avg (100)

Housing Index 105

Above Average

Median Income $70,000

Household income

Unemployment 2.5%

Job market health

Rochester vs US Average

Cost of Living
Rochester: 100
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: $70,000
  • Unemployment: 2.5%
  • Population: 120,000

Climate

  • Sunny Days: 185/year
  • Summer High: 82°F
  • Winter Low: 12°F

Housing

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

Cost of Living

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

CategoryRochesterNational AverageDifference
Overall1001000.0%
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

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$90,000 down
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Utilities

Estimated monthly utility costs for a typical household in Rochester:

UtilityEstimated Monthly CostNotes
Electricity$110Based on ~900 kWh/month typical US household usage
Heating & Cooling$8Estimated based on local climate. Gas or electric
Cooling (AC)$5Estimated based on local climate and electricity rates
Water$55Includes sewer
Internet (100+ Mbps)$60Broadband average
Garbage / Trash$25Private service
Total Utilities$263Monthly estimate (including heating & cooling)

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

Best Neighborhoods

Downtown Rochester

The heart of the city with restaurants, shops, and entertainment. Average rent: $1,560/mo.

Rochester Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: $1,430/mo.

East Rochester

Up-and-coming neighborhood with new developments and young professionals. Average rent: $1,170/mo.

West Rochester

Family-friendly area with parks and good schools. Average rent: $1,235/mo.

Remote Work Score

Rochester scores —/100 for remote work readiness:

Cost of Living
100
Rent
$1300
Sunny Days
185
Tax
7.25%
Unemployment
2.5%
Climate
82°F / 12°F

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"

Taxes

  • State Income Tax: 7.25%
  • Sales Tax: 7%
  • Property Tax: ~1.1% of assessed value

Economy & Jobs

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

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 100, 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: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.