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Rochester, MN

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
75
Affordable
Median Home Value
$287,500
National: $426,735
Median Rent
$1,316/mo
National: $1,527/mo
Household Income
$87,767
National: $84,532
Population
121,638
Purchasing Power
138
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
67 / 100
100 = national average
Rent Index
86 / 100
Overall Index
75
Affordable

Rochester Mortgage Calculator

Pre-filled with the local median home value of $287,500 and Minnesota's property tax rate of 1.11%.

Salary & Purchasing Power

Median household income is $87,767 4% above the national average.

What $87,767 in Rochester Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$176,704+101%
Los Angeles, CA$198,939+127%
Houston, TX$83,086-5%
Philadelphia, PA$79,575-9%

Property Tax in Rochester, MN

Est. Annual Property Tax
$3,191
Monthly Impact
$266
Added to your mortgage
Effective Rate
1.11%
National avg: ~1.00%

Minnesota Tax Overview

Tax TypeMinnesotaNational Avg
Property Tax Rate1.11%1.00%
Top Income Tax Rate9.85%~5.0%
State Sales Tax7.54%~5.0%

Compare Rochester to Another City

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Cost of Living Comparison

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Rochester, MN
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Rochester, MN: 67
Rent Prices
86
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR