Cost of Living: Rochester, MN vs Riverview, FL (2026)

Rochester

Minnesota
93
VS

Riverview

Florida
122

Rochester is 24% cheaper than Riverview.

$1,316/mo ↓ 30%
Median Rent
$1,890/mo ↑ 44%
$87,767/yr ↓ 8%
Median Income
$95,442/yr ↑ 9%
$287,500 ↓ 16%
Home Value
$341,200 ↑ 19%
$1,332/mo ↓ 25%
Owner Costs
$1,767/mo ↑ 33%
121,638
Population
107,776

Tax Comparison

9.85%
Income Tax
0%
6.875%
State Sales Tax
6.0%
1.11%
Property Tax
0.86%

Affordability

18.0%
rent-to-income
Affordability
23.8%
rent-to-income

Detailed Comparison

When comparing Rochester, MN and Riverview, FL, the overall cost of living indices are 93 and 122 respectively (national median = 100). Rent is $574/month cheaper in Rochester, saving renters about $6,888/year.

Median household income is $7,675/year higher in Riverview. Home values also differ significantly — the median in Rochester is $287,500 compared to $341,200 in Riverview.

Florida has no state income tax, giving Riverview residents a significant tax advantage over Minnesota's 9.85% rate.

Frequently Asked Questions

Rochester vs Riverview — common questions

Is Rochester or Riverview cheaper to live in?
Based on our cost index, Rochester is cheaper to live in with an index of 93 compared to 122 (US average = 100).
What is the rent difference between Rochester and Riverview?
Median rent in Rochester is $1,316/month and in Riverview it's $1,890/month — a difference of $574/month.
Which city has higher income, Rochester or Riverview?
Median household income is $87,767 in Rochester and $95,442 in Riverview. Median household income is $7,675/year higher in Riverview.
How do taxes compare between Minnesota and Florida?
Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Rochester or Riverview?
It depends on your priorities. Rochester has a cost index of 93 with median rent of $1,316/mo, while Riverview has a cost index of 122 with rent of $1,890/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Rochester details → View Riverview details →

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