Here's what it costs to live in Rochester, Minnesota, based on the latest US government data. Renters pay a median of $1,399 per month, while the typical home is valued around $310,500. Households earn a median of $89,389 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$89,389
Annual · Census ACS
Median Gross Rent
$1,399
Per month · Census ACS
Median Home Value
$310,500
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,112
HUD Fair Market Rent
1BR Fair Market Rent
$1,189
HUD FMR
2BR Fair Market Rent
$1,407
HUD FMR
3BR Fair Market Rent
$1,957
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
122,330
Latest estimate
Median Age
36.3 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,470
Per month
Avg Home Value
$341,800
Census ACS
January Avg
15°F
July Avg
71°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
32.5
poor
Hospitals
3
Doctors per 1,000
1.00
Insurance Coverage
96.1%
What is the cost of living index for Rochester?
The cost of living index for Rochester is not yet available in our database.
What is the median rent in Rochester?
The median gross rent in Rochester is $1,399 per month according to US Census ACS data.
What is the median household income in Rochester?
The median household income in Rochester is $89,389 per year.
What is the median home value in Rochester?
The median home value in Rochester is $310,500 based on the latest Census ACS survey.
How is the air quality in Rochester?
Air quality data for Rochester is not yet available.
What are the taxes like in Rochester?
Tax data for Minnesota is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
