๐Ÿ’ฐ COL Index: 105 โ€” Near Avg Cost

Salaries in Minneapolis, MN

Modeled occupation planning estimates with gross-pay and cost-context formulas.

Model generated 2026-02-25 ยท Methodology reviewed July 16, 2026 ยท 40 selected occupations

Selected-Role Model Average
$70,709
unweighted modeled medians; not a worker average
Purchasing-Power Model
$67,664
model average รท 104.5 ร— 100
Highest Modeled Role
Marketing Manager
$159,747
City 1BR Rent Reference
$1,327
monthly context; not a current quote

What does the salary model mean for Minneapolis?

$70,709 is the unweighted arithmetic average of the modeled medians for these 40 selected occupations. It is not an official mean or median for all local workers.

Model average$70,709/year
Gross monthly equivalent$5,892/month
Household income context$81,001

Keep the measures separate: gross monthly salary is before taxes and deductions; household income can include multiple earners; the selected-role model average is not weighted by local employment.

๐Ÿ† Highest Modeled Values in This 40-Role Set

Ranked by modeled annual occupation median. These are planning estimates, not direct local OEWS rows.

๐Ÿฅ‡ +1% vs national

Marketing Manager

$159,747
๐Ÿ’ก Purchasing-power model $152,868
โฑ Hourly modeled equivalent $76.80/hr
National projected growth +8.0%
๐Ÿฅˆ +1% vs national

Pharmacist

$137,866
๐Ÿ’ก Purchasing-power model $131,929
โฑ Hourly modeled equivalent $66.28/hr
National projected growth -3.0%
๐Ÿฅ‰ +1% vs national

Software Developer

$128,978
๐Ÿ’ก Purchasing-power model $123,424
โฑ Hourly modeled equivalent $62.01/hr
National projected growth +17.0%
4๏ธโƒฃ +1% vs national

Construction Manager

$109,670
๐Ÿ’ก Purchasing-power model $104,947
โฑ Hourly modeled equivalent $52.73/hr
National projected growth +8.0%
5๏ธโƒฃ +1% vs national

Project Manager

$102,647
๐Ÿ’ก Purchasing-power model $98,227
โฑ Hourly modeled equivalent $49.35/hr
National projected growth +6.0%

๐Ÿ“‹ Complete Salary Guide โ€” All 40 Occupations in Minneapolis

Purchasing-power equivalent = modeled annual median divided by the planning cost index (104.5/100). It does not estimate taxes or take-home pay. This city cost reference is above 100.

Showing all 40 occupations.

#
1 Marketing Manager $159,747
2 Pharmacist $137,866
3 Software Developer $128,978
4 Construction Manager $109,670
5 Project Manager $102,647
6 Physical Therapist $101,056
7 Financial Analyst $100,346
8 Web Developer $94,002
9 Dental Hygienist $88,711
10 Accountant $87,242
11 Registered Nurse $87,231
12 Data Analyst $84,485
13 Insurance Agent $81,019
14 Loan Officer $77,228
15 Police Officer $75,921
16 Human Resources Specialist $68,563
17 Elementary School Teacher $64,529
18 Plumber $64,205
19 Paralegal $63,597
20 Electrician $62,380
21 Real Estate Agent $62,309
22 Graphic Designer $62,168
23 Social Worker $61,681
24 Chef/Head Cook $61,164
25 Firefighter $57,891
26 Carpenter $57,688
27 HVAC Technician $56,421
28 Licensed Practical Nurse (LPN) $55,357
29 Heavy Truck Driver $53,806
30 Welder $50,259
31 Auto Mechanic $48,972
32 Personal Trainer $47,310
33 Dental Assistant $45,425
34 Veterinary Technician $43,316
35 Pharmacy Technician $40,844
36 Cosmetologist $38,887
37 Medical Assistant $38,786
38 Security Guard $36,627
39 Nursing Assistant (CNA) $36,242
40 Nail Technician $33,800

OCity planning estimates. National occupation references are inputs; displayed city values are modeled rather than direct local BLS occupation rows.

Minneapolis salary model: formulas, sources and limitations

Stored occupation model comparison

modeled estimate รท stored national reference = row comparison

On this owner, estimate-to-reference ratios are approximately 1.013ร—. Ratios can vary by occupation, so this is not described as one citywide multiplier or a direct local OEWS download.

Purchasing-power equivalent

modeled estimate รท 104.5 ร— 100

This comparison does not estimate taxes or take-home pay and is not an official BLS adjustment.

Limitations. โ€œAverageโ€ is unweighted across selected occupations. Growth fields are national occupation projections, not local forecasts. City and metro geographies can differ. Repeated stored employment counts are not presented as local jobs.

Model generated 2026-02-25; methodology reviewed July 16, 2026.

๐Ÿ™๏ธ Living Costs in Minneapolis

๐Ÿ 
1BR Rent
$1,327/mo
๐Ÿก
2BR Rent
$1,622/mo
๐Ÿ˜๏ธ
Median Home
$350,000
๐Ÿ“‰
Unemployment
2.8%
๐Ÿ’ณ
Median Income
$81,001
๐ŸŽ“
College Educated
59%
๐Ÿšถ
Walk Score
55/100
๐Ÿ“Š
Cost of Living
105
Near Avg Cost

๐Ÿงฎ Test Your Minneapolis Budget

Use scenario tools to compare gross pay and city cost context. Results depend on the inputs and do not guarantee take-home pay, housing approval or affordability.

โ“ Minneapolis Salary FAQ

What does the average salary in Minneapolis mean on this page?

โ–ผ
$70,709 is the unweighted arithmetic average of the modeled medians for 40 selected occupations. It is not an official mean or median for all Minneapolis workers.

What is the monthly salary estimate in Minneapolis?

โ–ผ
The selected-occupation model average equals about $5,892 per month before taxes and deductions. This gross arithmetic conversion is not take-home pay or household income.

What is a good salary in Minneapolis?

โ–ผ
There is no universal threshold. Household size, current housing quotes, taxes, debt, benefits, transportation and other recurring costs determine fit. The figures here are planning references, not affordability guarantees.

Are these direct local BLS salary observations for Minneapolis?

โ–ผ
No. Each stored city planning estimate is compared with its stored national occupation reference. The estimate-to-reference relationship is approximately 1.013ร—; it is not represented as one universal city multiplier or a direct local BLS observation.

๐Ÿ“ Planning Takeaways for Minneapolis

Use the occupation rows to compare modeled gross-pay references, not to predict an offer. Validate the exact role, experience level, employer, benefits and location. Then model taxes and current household costs before making a relocation or career decision.

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