๐Ÿ’ฐ COL Index: 93 โ€” Below Avg Cost

Salaries in Rochester, MN

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 40 occupations ยท BLS + Census data

Avg. Salary
$67,673
across 40 roles
COL-Adjusted Avg
$72,689
real purchasing power
Top Paying Role
Marketing Manager
$154,357
1BR Rent
$927
median monthly

Hereโ€™s the thing about Rochester: you can make a six-figure salary and still feel like youโ€™re living in a place thatโ€™s practically a bargain. Itโ€™s one of the few Midwestern cities where the math genuinely works in your favor, even with a major hospital system as its economic engine.

Letโ€™s talk purchasing power. With a cost of living index of 93.1, your dollar stretches about 7% further than the national average. That $85,240 median household income isnโ€™t just a numberโ€”it buys you a one-bedroom apartment for $927 a month, leaving real room in your budget. The COL-adjusted average salary here hits $72,689, which feels solid when your rent isnโ€™t devouring half your paycheck.

The economy here is Mayo Clinic, full stop. But thatโ€™s not a bad thing. It anchors a ton of high-paying jobsโ€”youโ€™ll see pharmacists pulling in over $133,000 and marketing managers hitting north of $154,000, both adjusted for local costs. The tech scene is quietly growing, too, with software developers earning around $124,000. Construction and project management are also solid bets, thanks to constant expansion in the cityโ€™s core.

Now, the catch: wages are good, but theyโ€™re not exploding. The 2.8% unemployment rate means employers are competing for talent, but donโ€™t expect Silicon Valley-style salary jumps. This city works best for professionals in healthcare, tech, or management who want stability and a low housing burden. If youโ€™re in a field that pays median wages nationally, youโ€™ll live comfortably hereโ€”but you wonโ€™t feel rich.

The data below breaks it all down, from top-paying roles to what you can actually afford on those salaries.

๐Ÿ† Top 5 Highest-Paying Jobs in Rochester

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ -2% vs national

Marketing Manager

$154,357
๐Ÿ’ก COL-Adjusted $165,797
โฑ Hourly $74.21/hr
๐Ÿ“ˆ Job Growth +8.0%
๐Ÿ‘ฅ Jobs Here 244
๐Ÿฅˆ -2% vs national

Pharmacist

$133,214
๐Ÿ’ก COL-Adjusted $143,087
โฑ Hourly $64.05/hr
๐Ÿ“ˆ Job Growth -3.0%
๐Ÿ‘ฅ Jobs Here 244
๐Ÿฅ‰ -2% vs national

Software Developer

$124,625
๐Ÿ’ก COL-Adjusted $133,861
โฑ Hourly $59.92/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿ‘ฅ Jobs Here 734
4๏ธโƒฃ -2% vs national

Construction Manager

$105,970
๐Ÿ’ก COL-Adjusted $113,824
โฑ Hourly $50.95/hr
๐Ÿ“ˆ Job Growth +8.0%
๐Ÿ‘ฅ Jobs Here 244
5๏ธโƒฃ -2% vs national

Project Manager

$99,183
๐Ÿ’ก COL-Adjusted $106,534
โฑ Hourly $47.68/hr
๐Ÿ“ˆ Job Growth +6.0%
๐Ÿ‘ฅ Jobs Here 244

๐Ÿ“‹ Complete Salary Guide โ€” All 40 Occupations in Rochester

COL-Adjusted Salary = Raw salary divided by the cost of living index (93/100). Higher = more real purchasing power. This city's COL is below the US average.

# Occupation โ†• Raw Salary โ†•
1 Marketing Manager $154,357
2 Pharmacist $133,214
3 Software Developer $124,625
4 Construction Manager $105,970
5 Project Manager $99,183
6 Physical Therapist $97,646
7 Financial Analyst $96,960
8 Web Developer $90,830
9 Dental Hygienist $85,718
10 Accountant $84,298
11 Registered Nurse $84,288
12 Data Analyst $81,634
13 Police Officer $73,359
14 Human Resources Specialist $66,249
15 Elementary School Teacher $62,352
16 Plumber $62,038
17 Paralegal $61,451
18 Electrician $60,275
19 Real Estate Agent $60,207
20 Graphic Designer $60,070
21 Firefighter $55,937
22 Carpenter $55,741
23 HVAC Technician $54,517
24 Heavy Truck Driver $51,991
25 Licensed Practical Nurse (LPN) $48,965
26 Insurance Agent $48,965
27 Auto Mechanic $48,965
28 Nail Technician $48,965
29 Cosmetologist $48,965
30 Personal Trainer $48,965
31 Veterinary Technician $48,965
32 Dental Assistant $48,965
33 Pharmacy Technician $48,965
34 Loan Officer $48,965
35 Social Worker $48,965
36 Chef/Head Cook $48,965
37 Welder $48,563
38 Medical Assistant $37,477
39 Security Guard $35,391
40 Nursing Assistant (CNA) $35,019

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in Rochester

๐Ÿ 
1BR Rent
$927/mo
๐Ÿก
2BR Rent
$1,148/mo
๐Ÿ˜๏ธ
Median Home
$320,000
๐Ÿ“‰
Unemployment
2.8%
๐Ÿ’ณ
Median Income
$85,240
๐ŸŽ“
College Educated
53%
๐Ÿšถ
Walk Score
45/100
๐Ÿ“Š
Cost of Living
93
Below Avg Cost

๐Ÿงฎ Can You Afford to Live in Rochester?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Rochester. Enter your salary and see exactly how far your money goes.

โ“ Rochester Salary FAQ

What is the average salary in Rochester, MN?

โ–ผ
Across 40 occupations, the average salary is $67,673. This figure is supported by median household income of $85,240. Insight: The average is lower than the median household income, indicating a mix of high and low earners.

What jobs pay the most in Rochester?

โ–ผ
The highest paying role is Marketing Manager at $154,357. This is based on 2026 data for 40 occupations. Insight: Marketing Manager salaries are more than double the average salary across all roles.

Is Rochester affordable on a Marketing Manager salary?

โ–ผ
With a salary of $154,357, a Marketing Manager can comfortably afford Rochester's 1BR rent of $927/month. The COL Index of 93.1 is below the national average, enhancing affordability. Insight: Housing costs are low relative to income, leaving significant disposable income.

How does Rochester's cost of living affect my paycheck?

โ–ผ
Rochester's COL Index is 93.1, meaning living costs are 6.9% below the national average. This stretches your paycheck further compared to higher-cost areas. Insight: A $67,673 salary here has more purchasing power than the same salary in a city with a 100+ COL index.

What salary do you need to live comfortably in Rochester?

โ–ผ
To live comfortably, aim for a salary above the median household income of $85,240. This covers 1BR rent of $927/month and other expenses with room for savings. Insight: Even the average salary of $67,673 is viable due to the low COL Index of 93.1.

๐Ÿ“ Editor's Verdict: Is Rochester Worth It?

I won't sugarcoat it: Rochester is a financial sweet spot if you fit the mold. With a cost-of-living index of 93.1 and rent at $927, your paycheck stretches further than in most cities. The average salary of $67,673 feels comfortable here, but the real winners are marketing managers, who clear $154,357 and enjoy a COL-adjusted take of $165,797.

Who benefits most? Healthcare workers and tradespeople thrive hereโ€”the Mayo Clinic ecosystem and steady industrial demand create stable, solid pay. Tech salaries are decent but donโ€™t expect Silicon Valley numbers.

My verdict: If youโ€™re in healthcare, trades, or marketing, Rochester is absolutely worth it financially. For everyone else, itโ€™s solid but not spectacular.

One piece of advice: If youโ€™re moving here for work, negotiate hardโ€”salaries can lag behind national trends, but the low living costs give you leverage.

Explore Rochester Further