CostIndexUSA

Rochester, MN vs Salt Lake City, UT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMN
Rochester
90.8
overall index
$1,625/mo rent
UT
Salt Lake City
100.9
overall index
$1,575/mo rent

Rochester is moderately cheaper than Salt Lake City — 11.1% lower overall cost of living.

To match an $80,000 salary in Rochester, you would need $88,900 in Salt Lake City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+56.9%
Rochester
78.6
Salt Lake City
123.3
🛒 Groceries+1.0%
Rochester
95.4
Salt Lake City
96.4
🚗 Transportation+7.3%
Rochester
96.8
Salt Lake City
103.9
🏥 Healthcare+7.3%
Rochester
87.6
Salt Lake City
94
Utilities9.6%
Rochester
87.4
Salt Lake City
79

Salary Equivalency Calculator

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

$
Equivalent salary in Salt Lake City, UT
$88,900
$8,900 more needed in Salt Lake City

Formula: salary × (100.9 ÷ 90.8) = salary × 1.1112. Based on BEA Regional Price Parities.

Housing Market

Rochester, MN

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

Salt Lake City, UT

Median Home Price
$554,000
Median Monthly Rent
$1,575
Housing Index
123.3
Price-to-Rent Ratio
29.3×

Salt Lake City has 56.9% higher housing costs compared to Rochester.

Income & Job Market

Rochester, MN

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

Salt Lake City, UT

Median Household Income
$94,400
Per Capita Income
$53,800
Unemployment Rate
3.4%
Population
200,567
Top Industries
TechnologyHealthcareFinanceTourismGovernment

Affordability at a Glance

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

Rochester, MN
4.4×income-to-rent ratio

77% of income left after rent (median)

Salt Lake City, UT
5.0×income-to-rent ratio

80% 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.