Salaries & Cost of Living in Minneapolis-St. Paul, Minnesota
Boasts the highest Fortune 500 concentration per capita (Target, Best Buy, 3M, UnitedHealth) and top-tier public school systems. Discover salary benchmarks, wage percentiles, state income tax deductions, and housing costs across 20+ high-demand professions in Minneapolis-St. Paul.
Minneapolis-St. Paul Cost of Living by Expense Category
Normalized cost index (100 = U.S. National Average).
Key City Advantages & Living Factors
Climate: Continental (Cold winters, warm summers)Role Salaries in Minneapolis-St. Paul
Explore 10th to 90th percentile salary benchmarks and estimated monthly take-home pay in Minneapolis-St. Paul.
| Job Title | Category | Median Base Pay | Est. Net Take-Home | View Guide |
|---|---|---|---|---|
| Senior Product Manager | Product | $203,500/yr | ~$12,583/mo | View |
| Senior Software Engineer | Engineering | $192,500/yr | ~$11,903/mo | View |
| Product Manager | Product | $156,200/yr | ~$9,658/mo | View |
| DevOps & Cloud Engineer | Engineering | $154,000/yr | ~$9,522/mo | View |
| Data Scientist | Data | $151,800/yr | ~$9,386/mo | View |
| Backend Engineer | Engineering | $148,500/yr | ~$9,182/mo | View |
| Software Engineer | Engineering | $145,200/yr | ~$8,978/mo | View |
| Frontend Engineer | Engineering | $136,400/yr | ~$8,434/mo | View |
| Product Designer | Design | $134,200/yr | ~$8,298/mo | View |
| Growth Marketer | Marketing | $126,500/yr | ~$7,822/mo | View |
| UX / UI Designer | Design | $123,200/yr | ~$7,618/mo | View |
| Marketing Manager | Marketing | $118,800/yr | ~$7,346/mo | View |
| Account Executive (SaaS) | Sales | $115,500/yr | ~$7,142/mo | View |
| QA & Test Automation Engineer | Engineering | $112,200/yr | ~$6,938/mo | View |
| Financial Analyst | Finance | $105,600/yr | ~$6,530/mo | View |
| Technical Recruiter | Human Resources | $103,400/yr | ~$6,394/mo | View |
| Data Analyst | Data | $101,200/yr | ~$6,258/mo | View |
| Customer Success Manager | Customer Support | $97,900/yr | ~$6,054/mo | View |
| SEO Specialist | Marketing | $93,500/yr | ~$6,171/mo | View |
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Frequently Asked Questions: Living & Working in Minneapolis-St. Paul
What is considered a good salary in Minneapolis-St. Paul?
In Minneapolis-St. Paul, an annual salary between $90,000 and $140,000 is generally considered very comfortable for a single professional, easily covering median 1-bedroom rental costs ($1,450/mo) while allowing significant savings.
How do salaries in Minneapolis-St. Paul compare to the U.S. national average?
On average, compensation in Minneapolis-St. Paul is 10% above the U.S. national baseline across technology, product, and engineering roles.
What are state income taxes in Minneapolis-St. Paul (MN)?
The estimated statutory state and local income tax rate in Minneapolis-St. Paul is approximately 6.8%.
What is the average rent in Minneapolis-St. Paul?
The median rent for a 1-bedroom apartment in Minneapolis-St. Paul, Minnesota is currently around $1,450 per month.
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