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Business Administration Degree in Rochester, MN — Salary & ROI 2026

Business Administration degree analysis for Rochester, MN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$61K

COL-adjusted

Mid-Career

$92K

COL-adjusted

ROI Payback

3.6 yrs

in Rochester

Cost of Living

105

index (100 = avg)

Business Administration in Rochester, MN Overview

Rochester, Minnesota (pop. 121,395) has 8 colleges offering Business Administration programs. The local cost of living index of 105 is near the national average, with average rent near campus at $933/month. Business Administration enrollment is stable nationwide, with steady demand for graduates skilled in Leadership and Strategic Planning. The adjusted starting salary in Rochester is approximately $60,900, growing to $92,400 by mid-career.

Category

Business

Local Colleges

8

Public Tuition

$8,930/yr

Private Tuition

$42,000/yr

Room & Board

$12,715/yr

Avg Fin. Aid

$11,803/yr

Unemployment

4.1%

Graduation Rate

63%

Business Administration Salary in Rochester (COL-Adjusted)

Salaries adjusted for Rochester's cost of living index of 105 (national average = 100).

Entry Level (0-2 yrs)
$60,900(+$2,900 vs national)
Mid Career (5-9 yrs)
$92,400(+$4,400 vs national)
Senior Level (15+ yrs)
$120,750(+$5,750 vs national)

Note: National average Business Administration salary: $58,000 starting, $88,000 mid-career, $115,000 senior level.Rochester adjustment factor: 1.05x based on the local cost of living index.

Business Administration ROI Calculator for Rochester

Estimate your return on investment for a Business Administration degree using local Rochester tuition and cost of living data.

Public avg: $8,930 | Private avg: $42,000

Rochester avg aid: $11,803/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$86,580

tuition + room & board - aid

Annual Earnings Premium

$24,150

vs HS diploma in Rochester

ROI Payback Period

3.6 years

to break even

Lifetime Return in Rochester

$595,920

Lifetime earnings premium ($682,500) minus total education cost ($86,580)

Student Loan Payoff for Business Administration in Rochester

Standard Plan (10 years)

Loan Amount$86,580
Monthly Payment$983
Total Interest$31,392
% of Monthly Income19%

Aggressive Plan (5 years)

Loan Amount$86,580
Monthly Payment$1,694
Total Interest$15,062
Interest Savings$16,330

Colleges in Rochester for Business Administration

Mayo Clinic School of Health Sciences

private

$42,000/yr

$168,000 total

Community Colleges (2-Year Transfer)

Rochester Community and Technical College

$5,772/yr

Top Employers for Business Administration in Rochester

Rochester offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Business Administration graduates. National top employers in this field include:

AmazonJPMorganDeloitteProcter & GambleMcKinsey

Key Rochester Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Business Administration Job Titles

Business AnalystOperations ManagerManagement Consultant

Business Administration Degree in Rochester — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Business Administration ROI in other cities, or explore other majors in Rochester.

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