Cost of Living in Rochester
The biggest cost-of-living factor in Rochester, Massachusetts is housing. The median home is priced around $889K, or about $386 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $4,613, plus roughly $802 per month in property taxes. Rates and down payment change this figure significantly.
Rochester's FY2025 residential property tax rate is $10.82 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Rochester.