CostIndexUSA

Evansville, IN vs Rochester, MN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IN
Evansville
91.5
overall index
$1,050/mo rent
More AffordableMN
Rochester
90.8
overall index
$1,625/mo rent

Rochester is slightly cheaper than Evansville — 0.8% lower overall cost of living.

To match an $80,000 salary in Evansville, you would need $79,400 in Rochester. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+17.8%
Evansville
66.7
Rochester
78.6
🛒 Groceries+1.2%
Evansville
94.3
Rochester
95.4
🚗 Transportation7.0%
Evansville
104.1
Rochester
96.8
🏥 Healthcare7.0%
Evansville
94.2
Rochester
87.6
Utilities+0.8%
Evansville
86.7
Rochester
87.4

Salary Equivalency Calculator

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

$
Equivalent salary in Rochester, MN
$79,400
$600 less needed in Rochester

Formula: salary × (90.8 ÷ 91.5) = salary × 0.9923. Based on BEA Regional Price Parities.

Housing Market

Evansville, IN

Median Home Price
$214,000
Median Monthly Rent
$1,050
Housing Index
66.7
Price-to-Rent Ratio
17.0×

Rochester, MN

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

Rochester has 17.8% higher housing costs compared to Evansville.

Income & Job Market

Evansville, IN

Median Household Income
$65,100
Per Capita Income
$37,100
Unemployment Rate
3.4%
Population
118,414
Top Industries
HealthcareManufacturingFinanceRetailEducation

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).

Evansville, IN
5.2×income-to-rent ratio

81% 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.