CostIndexUSA

Hagerstown, MD vs Rochester, MN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MD
Hagerstown
94.2
overall index
$1,550/mo rent
More AffordableMN
Rochester
90.8
overall index
$1,625/mo rent

Rochester is slightly cheaper than Hagerstown — 3.6% lower overall cost of living.

To match an $80,000 salary in Hagerstown, you would need $77,100 in Rochester. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+3.8%
Hagerstown
75.7
Rochester
78.6
🛒 Groceries1.0%
Hagerstown
96.4
Rochester
95.4
🚗 Transportation7.4%
Hagerstown
104.5
Rochester
96.8
🏥 Healthcare7.3%
Hagerstown
94.5
Rochester
87.6
Utilities8.7%
Hagerstown
95.7
Rochester
87.4

Salary Equivalency Calculator

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

$
Equivalent salary in Rochester, MN
$77,100
$2,900 less needed in Rochester

Formula: salary × (90.8 ÷ 94.2) = salary × 0.9639. Based on BEA Regional Price Parities.

Housing Market

Hagerstown, MD

Median Home Price
$313,000
Median Monthly Rent
$1,550
Housing Index
75.7
Price-to-Rent Ratio
16.8×

Rochester, MN

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

Rochester has 3.8% higher housing costs compared to Hagerstown.

Income & Job Market

Hagerstown, MD

Median Household Income
$75,400
Per Capita Income
$43,000
Unemployment Rate
4.4%
Population
43,484
Top Industries
HealthcareManufacturingLogisticsRetailGovernment

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).

Hagerstown, MD
4.1×income-to-rent ratio

75% 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.