Cost of Living in Rochester, IN
Housing
The housing market plays a significant role in determining the cost of living in Rochester, IN.
- Housing Index: Data is updating
- Median Home Price is: $133,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data for Rochester, IN, the housing index stands at 0.0, with a median home price of 133000. While specific rental data is unavailable, a lower housing index suggests affordability in home ownership compared to other regions. This price indicates that home purchasing could be economically advantageous. It's vital, however, to consider local amenities, job market stability, and quality of life, as these factors greatly influence long-term satisfaction in your new home. Evaluate all elements to ensure a well-rounded decision for your move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rochester, IN.
- Electricity Price: $14.89 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Rochester, IN could entail higher utility costs. Electricity costs sit at $14.89, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Rochester is a financially viable option for your relocation.