CostIndexUSA

New Haven, CT vs Rochester, MN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CT
New Haven
104.6
overall index
$1,975/mo rent
More AffordableMN
Rochester
90.8
overall index
$1,625/mo rent

Rochester is moderately cheaper than New Haven — 13.2% lower overall cost of living.

To match an $80,000 salary in New Haven, you would need $69,400 in Rochester. Calculate your salary ↓

Category Breakdown

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

🏠 Housing36.8%
New Haven
124.3
Rochester
78.6
🛒 Groceries2.0%
New Haven
97.3
Rochester
95.4
🚗 Transportation10.2%
New Haven
107.8
Rochester
96.8
🏥 Healthcare10.2%
New Haven
97.5
Rochester
87.6
Utilities39.6%
New Haven
144.8
Rochester
87.4

Salary Equivalency Calculator

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

$
Equivalent salary in Rochester, MN
$69,400
$10,600 less needed in Rochester

Formula: salary × (90.8 ÷ 104.6) = salary × 0.8681. Based on BEA Regional Price Parities.

Housing Market

New Haven, CT

Median Home Price
$386,000
Median Monthly Rent
$1,975
Housing Index
124.3
Price-to-Rent Ratio
16.3×

Rochester, MN

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

New Haven has 36.8% lower housing costs compared to Rochester.

Income & Job Market

New Haven, CT

Median Household Income
$80,700
Per Capita Income
$46,000
Unemployment Rate
4.2%
Population
130,250
Top Industries
EducationHealthcareManufacturingFinanceGovernment

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).

New Haven, CT
3.4×income-to-rent ratio

71% 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.