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84th most affordable of 199 in Metro Detroit

Cost of Living in Rochester, MI

A typical home in Rochester costs about $1,855 a month, 19.9% of the median household income of $111,750. That makes Rochester the 28th most affordable of 56 places in Oakland County and 84th of 199 across Metro Detroit.

Median rent a month
$1,350
Median home value
$473,200
Owner cost with a mortgage
$2,359
Of income on housing
19.9%

Rochester against Oakland County and the metro

Census median Rochester Oakland County Metro Detroit
Median rent (monthly) $1,350 $1,376 $1,207
Median home value $473,200 $343,600 $249,700
Owner cost with a mortgage (monthly) $2,359 $1,998 $1,720
Median household income (yearly) $111,750 $97,760 $76,664
Share of income on housing 19.9% 20.7% 22.9%

Ranked 28th most affordable of 56 in Oakland County. See all 56.

Cost of living near Rochester

The towns around Rochester, each with its own page.

Living in Rochester

Rochester cost of living questions

5 questions

Is Rochester, MI expensive to live in?
A typical home in Rochester takes 19.9% of the median household income, against 22.9% across Metro Detroit, which ranks it 84th most affordable of 199 places.
What is the average rent in Rochester?
The median gross rent is $1,350 a month, rent plus the utilities the renter pays, 12% above the metro.
How much does a house cost in Rochester?
Owners put the median home value at $473,200, 90% above the metro. With a mortgage, the median owner pays $2,359 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Rochester?
Spending no more than 30% of income on housing, the usual rule, a typical Rochester home at $1,855 a month calls for about $74,000 a year. The median household here earns $111,750.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Rochester. They are medians, half above and half below, and today's listings and rents can differ.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.