The Reds currently sit seventh on the table, three points in arrears of Merseyside rivals Everton, but Rodgers can see that jumping higher without outside distractions next term.
"It is a double-edged sword for us," he said. "The players and supporters want to be in Europe and as a manager it is a great test and I have really enjoyed the Europa League (exiting in the Round of 32) this year.
"But you could argue having one season out of Europe would give us an even greater chance of challenging for the top four next season.
"That is a real difficult task now with the number of teams up there and the finances involved way beyond ourselves but it (the lack of Europa League action) would give us a real good run to do that.
"Ultimately we want to be a club that is in Europe and we want to have a squad which is strong enough to be able to cope with European football and the domestic league and cups.
"We will see where it takes us. We will finish as high as we possibly can but if Europe doesn't end up for us then it might be a blessing for us next year."