Economics Degree in Rochester, MN — Salary & ROI 2026
Economics degree analysis for Rochester, MN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$68K
COL-adjusted
Mid-Career
$105K
COL-adjusted
ROI Payback
2.7 yrs
in Rochester
Cost of Living
105
index (100 = avg)
Economics in Rochester, MN Overview
Rochester, Minnesota (pop. 121,395) has 8 colleges offering Economics programs. The local cost of living index of 105 is near the national average, with average rent near campus at $933/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Rochester is approximately $68,250, growing to $105,000 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%
Economics Salary in Rochester (COL-Adjusted)
Salaries adjusted for Rochester's cost of living index of 105 (national average = 100).
Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Rochester adjustment factor: 1.05x based on the local cost of living index.
Economics ROI Calculator for Rochester
Estimate your return on investment for a Economics 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
$31,500
vs HS diploma in Rochester
ROI Payback Period
2.7 years
to break even
Lifetime Return in Rochester
$805,920
Lifetime earnings premium ($892,500) minus total education cost ($86,580)
Student Loan Payoff for Economics in Rochester
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Rochester for Economics
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 Economics in Rochester
Rochester offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Economics graduates. National top employers in this field include:
Key Rochester Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common Economics Job Titles
Economics in Nearby Minnesota Cities
Minneapolis, MN
$63K starting · COL 97
15 colleges
Saint Paul, MN
$66K starting · COL 101.5
11 colleges
St. Paul, MN
$70K starting · COL 108
20 colleges
Duluth, MN
$65K starting · COL 100
5 colleges
Bloomington, MN
$65K starting · COL 100.2
4 colleges
Brooklyn Park, MN
$64K starting · COL 98.8
4 colleges
Plymouth, MN
$70K starting · COL 107.3
4 colleges
Maple Grove, MN
$70K starting · COL 107.4
4 colleges
Other Business Majors in Rochester
Business Analytics
$82K starting · 2 yr ROI
Finance
$74K starting · 3.5 yr ROI
Information Systems
$53K starting · 3.3 yr ROI
Supply Chain Management
$53K starting · 3.5 yr ROI
Operations Management
$53K starting · 3.8 yr ROI
Accounting
$65K starting · 3.8 yr ROI
Real Estate
$53K starting · 4 yr ROI
Business Administration
$61K starting · 4.2 yr ROI
Economics 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 Economics ROI in other cities, or explore other majors in Rochester.