CostIndexUSA

Des Moines, IA vs Rochester, MN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IA
Des Moines
91.7
overall index
$1,250/mo rent
More AffordableMN
Rochester
90.8
overall index
$1,625/mo rent

Rochester is slightly cheaper than Des Moines — 1.0% lower overall cost of living.

To match an $80,000 salary in Des Moines, you would need $79,200 in Rochester. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing7.2%
Des Moines
84.7
Rochester
78.6
🛒 Groceries+1.8%
Des Moines
93.7
Rochester
95.4
🚗 Transportation0.8%
Des Moines
97.6
Rochester
96.8
🏥 Healthcare0.8%
Des Moines
88.3
Rochester
87.6
Utilities+3.3%
Des Moines
84.6
Rochester
87.4

Salary Equivalency Calculator

Enter your current salary in Des Moines to see what you'd need to earn in Rochester to maintain the same purchasing power.

$
Equivalent salary in Rochester, MN
$79,200
$800 less needed in Rochester

Formula: salary × (90.8 ÷ 91.7) = salary × 0.9902. Based on BEA Regional Price Parities.

Housing Market

Des Moines, IA

Median Home Price
$285,000
Median Monthly Rent
$1,250
Housing Index
84.7
Price-to-Rent Ratio
19.0×

Rochester, MN

Median Home Price
$324,000
Median Monthly Rent
$1,625
Housing Index
78.6
Price-to-Rent Ratio
16.6×

Des Moines has 7.2% lower housing costs compared to Rochester.

Income & Job Market

Des Moines, IA

Median Household Income
$82,700
Per Capita Income
$47,100
Unemployment Rate
3.1%
Population
214,237
Top Industries
FinanceInsuranceHealthcareGovernmentManufacturing

Rochester, MN

Median Household Income
$85,200
Per Capita Income
$48,600
Unemployment Rate
2.8%
Population
121,395
Top Industries
HealthcareTechnologyEducationManufacturingFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Des Moines, IA
5.5×income-to-rent ratio

82% of income left after rent (median)

Rochester, MN
4.4×income-to-rent ratio

77% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.