Cost of Living in Rochester, MN

Rochester, MN — prices, rents and what jobs really pay here after taxes.

Price level
90.8
U.S. average = 100 · #275 of 387
Median wage
$60,620
all jobs · $4,024/mo take-home
1-bedroom rent
$1,124
HUD fair market rent

Salary comparison calculator

What would you need to earn in Rochester, MN to keep the same lifestyle — after taxes — as in another city?

Cost of living calculator

Uses BEA price levels plus 2026 federal and state taxes in each city's state.

Salary needed to keep your lifestyle
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    Prices in Rochester, MN vs. the U.S. average

    CategoryIndex (U.S. = 100)Difference
    All items90.8−9.2%
    Housing78.6−21.4%
    Goods95.4−4.6%
    Utilities87.4−12.6%
    Other services92.2−7.8%

    Source: BEA Regional Price Parities, 2024.

    Rent in Rochester, MN

    UnitMonthly rentIncome needed (30% rule)
    Studio$1,057$42,280/yr
    1 bedroom$1,124$44,960/yr
    2 bedrooms$1,332$53,280/yr
    3 bedrooms$1,843$73,720/yr
    4 bedrooms$2,203$88,120/yr

    HUD Fair Market Rents, FY2026, population-weighted across the metro's counties.

    Take-home pay in Rochester, MN

    Paycheck in Rochester, MN
    Deductions, kids & local tax

    2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

    Your take-home pay
    $48,289
    per year · effective tax rate 20.3%
    $4,024Monthly
    $2,012Twice a month
    $1,857Every 2 weeks
    $23.22Hourly
    • Federal income tax$5,094
    • Social Security (6.2%)$3,758
    • Medicare (1.45%)$879
    • Minnesota income tax$2,599
    • Take-home pay$48,289

    Marginal rate: 12% federal + 6.80% state

    Highest-paying jobs in Rochester, MN

    JobMedian salaryTake-homeReal value*
    General Internal Medicine Physician$239,200+$159,733$175,876
    Nurse Anesthetist$239,200+$159,733$175,876
    Pharmacist$164,250$113,470$124,938
    Physician Assistant$137,340$97,190$107,012
    Software Developer$134,450$95,441$105,087
    Medical and Health Services Manager$131,110$93,421$102,862
    Nurse Practitioner$126,270$90,492$99,638
    Management Analyst$108,560$79,343$87,362
    Project Management Specialist$106,270$77,888$85,760
    Registered Nurse$101,660$74,958$82,534
    First-Line Supervisor of Construction Trades and Extraction Workers$99,530$73,605$81,044
    General and Operations Manager$85,650$64,784$71,331
    Plumbers, Pipefitters, and Steamfitters$84,880$64,295$70,793
    Accountant and Auditor$83,960$63,710$70,149
    Human Resources Specialist$83,810$63,615$70,044
    Radiologic Technologist and Technician$80,330$61,403$67,609
    Electrician$79,650$60,971$67,133
    Business Operations Specialists, All Other$78,790$60,424$66,531
    Training and Development Specialist$76,030$58,670$64,600
    Elementary School Teachers, Except Special Education$75,770$58,505$64,418

    *In U.S.-average dollars after adjusting for local prices.

    Frequently asked questions

    Is Rochester, MN expensive to live in?

    According to the Bureau of Economic Analysis, overall prices in the Rochester, MN metro area are 90.8% of the U.S. average, with housing at 78.6%. It is the #275 most expensive of 387 metro areas we track.

    What salary do you need to live in Rochester, MN?

    To match the buying power of a $60,000 salary in an average-priced U.S. city you would need about $54,493 in Rochester, MN (before tax differences). The median wage across all jobs here is $60,620.

    How much is rent in Rochester, MN?

    HUD’s FY2026 fair market rents for Rochester, MN are $1,057 for a studio, $1,124 for one bedroom, $1,332 for two bedrooms and $1,843 for three bedrooms, including utilities.

    All salaries in Rochester, MN

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