Cost of Living in Rosemount, MN
Population 26,509 · Minnesota · Data vintage 2023
(100 = US avg)
Rosemount lands reasonably close to national benchmarks on most cost indicators, with a median home value of $406,000 — 33% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Minnesota.
Rosemount sits roughly 14 miles south of St. Paul — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 45% higher than St. Paul's $280,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Rosemount
The median home value in Rosemount is $406,100 — 33% above the national median of $305,000. Median rent runs $1,614/month, 23% higher than the national median of $1,314/month. The median household income of $127,247/year is 71% higher than the US median of $74,580. The local unemployment rate is 3.2%, below the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. Overall, Rosemount has a cost of living index of 129 versus the US average of 100, meaning it is 29% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Rosemount, MN?
Rosemount has a cost index of 129 (100 = national average). It is 29% above the national average.
What is average rent in Rosemount, MN?
The median gross rent in Rosemount is $1,614 per month based on 2023 Census data.
What is the average home price in Rosemount?
The median home value in Rosemount is $406,100 according to Zillow and Census data.
What is the median income in Rosemount?
The median household income in Rosemount is $127,247 per year (2023 ACS 5-year estimates).
What is the sales tax in Rosemount, MN?
The combined state and local sales tax rate in Rosemount is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Rosemount, MN affordable?
Rosemount is above average in cost of living, with an index of 129 — about 29% higher than the national average.
Rosemount at a Glance
- Population
- 26,509
- Median Income
- $127,247
- Home Value
- $406,100
- Median Rent
- $1,614/mo
- Unemployment
- 3.2%
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
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