Cost of Living: Minneapolis, MN vs Rochester, MN
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,119/mo in Minneapolis, MN versus $4,119/mo in Rochester, MN. In the model, rent is about 24.87% of gross in Minneapolis, MN versus 19.18% in Rochester, MN, so Rochester, MN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Minneapolis, MN and Rochester, MN.
At a glance
- Cheaper overall (lower cost-of-living index): Minneapolis, MN
- Lower rent (median 1BR/2BR): Rochester, MN
- Lower home prices: Rochester, MN
- Higher median household income: Minneapolis, MN
Cost of Living Index
Minneapolis, MN: 98.2 (U.S. = 100) · Rochester, MN: 100 (U.S. = 100)
Minneapolis, MN has a lower cost-of-living index than Rochester, MN, so a given salary generally stretches further there.
Median Rent
Minneapolis, MN: $1,622/mo (midpoint of 1BR/2BR) · Rochester, MN: $1,251/mo
Median rent in Minneapolis, MN is $371/mo higher than in Rochester, MN.
Median Home Price
Minneapolis, MN: $327,500 · Rochester, MN: $287,500
Median home price in Minneapolis, MN is $40,000 higher than in Rochester, MN.
Median Household Income
Minneapolis, MN: $103,382 · Rochester, MN: $87,767
Minneapolis, MN has a higher median household income than Rochester, MN by $15,615.
Minneapolis, MN overview · Rochester, MN overview · Popular comparisons