Rosemount, MN Cost of Living


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Rosemount cost of living score
106.1
More expensive
6.1% higher
than the US average
9.2% higher
than the Minnesota average
Rosemount, Minnesota gets a BestPlaces Cost of Living score of 106.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.1% higher than the U.S. average and 9.2% higher than the average for Minnesota.

Rosemount, MN

Housing costs in Rosemount?
A typical home costs $395,000, which is 16.8% more expensive than the national average of $338,100 and 27.6% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Rosemount costs $1,740 per month, which is 21.7% more than the national average of $1,430 and 28.7% more than the state average of $1,240.

Can I afford Rosemount?
To live comfortably in Rosemount, Minnesota, a minimum annual income of $75,600 for a family, and $56,800 for a single person is recommended.

What does A.I. say about Rosemount?
The cost of living in Rosemount, MN is very reasonable. The median home price is around $276,000, which is significantly lower than the national average. Renting an apartment or house also tends to be cheaper compared to other cities and towns in the US. Other expenses like groceries and transportation are also quite affordable in Rosemount, MN. In addition, taxes are lower than most other states and there are many different discounts available for seniors and veterans that can help keep costs down even more. All of these factors make living in Rosemount a great financial choice for people looking to live comfortably without breaking the bank.
   Cost of living score
     CategoriesRosemountMinnesotaUnited States
  106.197.2100.0
  101.697.2100
  74.778.3100.0
  127.2102.9100.0
  $395,000$309,500$338,100
  97.9%95.7%100.0%
  108.796.4100.0
  140.6117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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