If you're considering moving to Rochester, Minnesota, it's important to consider how the cost of living compares to your current city. Figuring this out ahead of time will ensure you know what you can expect to earn, and how much you can afford to pay for rent and other expenses. Here's a look at Rochester’s cost of living compared to other cities in the Midwest:
The Cost of Living Index
Experts use a system called the "Cost of Living Index" to compare the cost of living between cities in the U.S., with an index of 100 being average. Those with an index below 100 are less expensive than average, and those with an index above 100 are more expensive. The Cost of Living Index for Rochester is 101, meaning that it is just about on par with the rest of the country.
Comparing Rochester To Other Cities
Rochester is right about in the middle when it comes to Midwest cities. Some cities have a lower cost of living:
Milwaukee, WI: 85
Detroit MI: 73
Kansas City, MO: 94
Other cities have a higher cost of living, including:
Chicago, IL: 103
Madison, WI: 116
Ann Arbor, MI: 111
The Cost of Specific Items
You can also look at the Cost of Living Index in certain categories to get an idea of what might cost more or less in your new location. In Rochester, Minnesota, the index for groceries is 97, and housing is quite affordable at an index of 94.
To help give you an idea of what specific items and services cost in Rochester, here are some estimates:
A gallon of milk: $2.61
Fast food meal: $6.25
Fitness club membership: $30 per month
If you're planning a move to Rochester, be sure to consider our Springs at South Broadway apartment community. We're right near Mayo Clinic, and offer excellent amenities like an on-site fitness center, car wash area, and pet spa that help keep your costs down. Contact us to learn more.