Housing costs in Rochester?
A typical home costs
$256,200, which is 24.2% less expensive than the national average of
$338,100 and 17.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Rochester costs
$1,110 per month, which is 10.5% cheaper than the national average of
$1,240 and 3.6% cheaper than the state average of
$1,150.
Can I afford Rochester?
To live comfortably in Rochester (zip 55904), Minnesota, a minimum annual income of
$48,960 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Rochester?
The cost of living in 55904 Rochester, MN is higher than the national average. According to BestPlaces, the overall cost of living index for Rochester is 110.6, which is 10.6 percent higher than the U.S. average. The average rental price for a one bedroom apartment in Rochester is $788 per month, while the average price for a three bedroom apartment is around $1,258 per month. The average cost of consumer goods and services such as groceries and transportation are also higher in Rochester compared to other cities in the U.S., making it an expensive place to live overall.