Physician (Doctor) Salary in Rochester, MN
How much does a physician (doctor) make in Rochester? Explore median, entry-level, and senior salaries adjusted for Rochester's cost of living.
Salary Breakdown by Experience Level
See how physician (doctor) salaries break down across different pay periods in Rochester.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $135,864 | $243,423 | $362,304 |
| Monthly | $11,322 | $20,285 | $30,192 |
| Biweekly | $5,226 | $9,362 | $13,935 |
| Weekly | $2,613 | $4,681 | $6,967 |
| Hourly | $65 | $117 | $174 |
Rochester vs National Average
How Rochester's physician (doctor) salaries compare to national figures.
Cost of Living in Rochester
About Physician (Doctor)
Overview
Diagnose and treat diseases and injuries in patients.
Education
Medical degree (MD/DO); Residency required
Key Skills
Growth Rate
Expected job growth: +15% over the next decade
Compare Cities: Physician (Doctor) Salary
See Physician (Doctor) salaries in other top cities.
Financial Tools to Explore
Use these Pulsafi calculators to understand your finances based on a physician (doctor) salary in Rochester.
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Cost of Living Calculator
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Rent vs Buy Calculator
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Physician (Doctor) Salary in Rochester, MN — Complete Guide
Median Salary Overview
The median salary for a physician (doctor) in Rochester, MN is $243,423 per year, adjusted for the local cost of living index of 111. This figure reflects typical earnings for experienced professionals in this role, considering Rochester's unique economic conditions.
Salary Range and Experience Levels
Entry-level physician (doctor) professionals in Rochester can expect to earn around $135,864 annually. As professionals gain experience, salaries typically increase, with senior-level physician (doctor)s earning approximately $362,304 per year. This represents a 167% increase from entry to senior level.
Cost of Living Adjustment
Rochester's cost of living index of 111 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Rochester are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $215,000, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a physician (doctor)'s salary in Rochester typically goes toward housing. With a 1-bedroom apartment averaging $1,600 per month, housing represents about 7.9% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Physician (Doctor)s are in growing demand across the United States, with an expected job growth of 15% over the next decade. In Rochester, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.