| Index | Rosemount | Minnesota | National |
| Cost of living | 118 | 100 | 100 |
| Groceries | 98 | 100 | 100 |
| Health care | 101 | 100 | 100 |
| Housing | 161 | 100 | 100 |
| Transportation | 99 | 100 | 100 |
| Utilities | 102 | 104 | 100 |
| Lifestyle & Entertainment | 101 | 100 | 100 |
| Household Items | 99 | 100 | 100 |
| Education & Childcare | 100 | 99 | 100 |
Getting a feel for the cost of living in Rosemount is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Rosemount is 118, which is 18% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
Housing costs make up a big chunk of the cost of living in Rosemount, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 60.6% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Is Rosemount an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Rosemount is 67.5% higher than the national average, while the average monthly rent prices are 44.5% higher than average. The affordability of any location can also be influenced by median income levels. Rosemount has a median household income of $167,328, which is 105.7% higher than the national average.
Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.
Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Rosemount, the general sales tax rate starts at 6.875%, and income tax rates begin at 5.35%.
Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Rosemount, the groceries index is 2.2% lower than the national average.
The cost of living estimates displayed for Rosemount are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
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| Groceries index | |
| Health care index | |
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| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $185,278 | $15,440 | $4,323 | $5,559 |
| Renters | $97,977 | $8,165 | $2,286 | $2,940 |
| State | General Sales Tax | With Max Surtax |
| Minnesota | 6.875% | 7.875% |
| State | Income Tax (Low) | Income Tax (High) |
| Minnesota | 5.35% | 9.85% |
| City | Population | Cost of Living Index | National Avg. |
| Landfall, MN | 819 | 72 | 27.9% |
| South End, MN | 66 | 78 | 22.1% |
| New Trier, MN | 87 | 98 | 1.9% |
| St. Paul Park, MN | 5,562 | 101 | 1.2% |
| Coates, MN | 145 | 101 | 1.5% |
| Rosemount, MN | 25,406 | 118 | 17.9% |
| City | Population | Cost of Living Index | National Avg. |
| Fort Washington, MD | 25,402 | 138 | 37.8% |
| Dinuba, CA | 25,393 | 117 | 16.6% |
| Hastings, NE | 25,424 | 89 | 11.3% |
| Thetford Mines, QC | 25,383 | n/a | |
| Brookings, SD | 25,380 | 97 | 3.3% |
| Rosemount, MN | 25,406 | 118 | 17.9% |
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