Rochester, MN Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in Rochester, MN in 2024?

Overall, on average, a gross annual salary of $59,601 is required for an average quality of life in Rochester, MN.

Is the Cost of Living High in Rochester, MN?

Rochester, MN is ranked 140th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheaper cities in which to live in the U.S. Rochester, MN's average monthly rent is 29% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in Rochester, MN in 2024?

A gross annual salary of $50,000 in Rochester, MN will yield an average annual net salary of $43,016. Considering that the total average annual cost of living in Rochester, MN is $44,529, a gross annual salary of $50,000 will be insufficient to cover average living costs.

How Much Should You Pay for Rent in Rochester, MN?

The average monthly rent in Rochester, MN in the city center is $1,305 for a 1 bedroom apartment, $1,803 for a 2 bedroom apartment and $2,303 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,001 for a 1 bedroom apartment, $1,300 for a 2 bedroom apartment and $1,607 for a 3 bedroom apartment.