Salary & Cost of Living in Rochester, MN
Rochester, MN: $75,000 median salary, cost of living index 100, $11.13/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$75,000
$36/hr
Cost of Living
100
US avg = 100
Minimum Wage
$11.13
per hour
Unemployment
2.2%
rate
Rochester, MN Overview
Population
121,395
Median Salary
$75,000
Average Salary
$83,000
Avg Commute
18 min
Median Home Price
$290,000
Median Rent
$1,200/mo
Job Growth
+2.5%
Sales Tax
7.13%
Rochester is located in Minnesota with a population of 121,395. The median household salary is $75,000 per year ($36/hour), which is $15,616 above the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +2.5%.
Rochester Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Rochester, MN, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$56,049
$4,670.71/month · $2,155.71/biweekly · Effective Rate: 25.3%
Gross Pay
$75,000
Federal Tax
-$8,114
State Tax
-$5,100
Local Tax
$0
FICA
-$5,738
Net Pay
$56,049
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $6,250.00 | $75,000.00 |
| Federal Income Tax | -$676.17 | -$8,114.00 |
| Minnesota State Tax (6.8%) | -$425.00 | -$5,100.00 |
| Social Security (6.2%) | -$387.50 | -$4,650.00 |
| Medicare (1.45%) | -$90.63 | -$1,087.50 |
| Net Take-Home Pay | $4,670.71 | $56,048.50 |
Salary Comparison: Rochester vs Other Cities
See how Rochester's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Rochester, MN | $75,000 | 100 | $75,000 |
| National Average | $59,384 | 100 | $59,384 |
| Annapolis, MD | $75,000 | 125 | $60,000 |
| Bloomington, MN | $75,000 | 105 | $71,429 |
| Austin, TX | $75,000 | 110 | $68,182 |
| Los Angeles, CA | $75,200 | 166 | $45,301 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Rochester
Rochester's cost of living index is 100 (national average = 100). Rochester's cost of living matches the national average.
Median Home Price
$290,000
Median Monthly Rent
$1,200
Annual Rent Cost
$14,400
Your Salary's Purchasing Power
Your $56,049 annual take-home pay in Rochester has the purchasing power of approximately $56,049 in an average-cost US area. Your $75,000 salary stretches further here than in most US cities.
Top Industries in Rochester
Rochester's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $75,000.
Salary Tips for Rochester Workers
- Maximize pre-tax deductions. With a 6.8% state income tax rate, maximizing 401(k) contributions (up to $23,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Rochester's top industries include Healthcare (Mayo Clinic), Technology, Education. Targeting roles in these sectors can help you earn above the $75,000 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Rochester, MN?
The median salary in Rochester, MN is $75,000 per year, or $36 per hour. The average salary is $83,000. This is $15,616 above the national median of $59,384.
What is the cost of living in Rochester, MN?
Rochester's cost of living index is 100 (national average = 100), meaning it is equal to the cost of living compared to the national average. The median home price is $290,000 and the median monthly rent is $1,200.
What are the best industries in Rochester?
The top industries in Rochester, MN include Healthcare (Mayo Clinic), Technology, Education. The city has a job growth rate of 2.5% and an unemployment rate of 2.2%. Workers in these industries often earn above the city's median salary of $75,000.
How does Rochester's salary compare to other cities?
Rochester's median salary of $75,000 is 26.3% above the national median of $59,384. However, when adjusted for cost of living (index: 100), the real purchasing power is approximately $75,000.
What is the minimum wage in Rochester, MN?
The minimum wage in Rochester, MN is $11.13 per hour. This equals approximately $23,150 per year for a full-time worker (40 hours/week). This is $3.88 above the federal minimum wage of $7.25/hour.