Accountant · Salary Comparison · 2026
Accountant Salary: Minneapolis, MN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Accountants in Minneapolis, MN and New York, NY, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ New York, NY
$72,000 vs $98,000
Better Purchasing Power
✓ Minneapolis, MN
$64,865 vs $52,406
Best Take-Home (COL-Adj)
✓ Minneapolis, MN
$55,859 vs $45,106
2
Detailed Comparison
| Metric | Minneapolis, MN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $72,000 | $98,000▲ | -$26,000 |
| 25th Percentile | $55,000 | $74,000▲ | -$19,000 |
| 75th Percentile | $93,000 | $127,000▲ | -$34,000 |
| 90th Percentile | $117,000 | $160,000▲ | -$43,000 |
| Cost of Living Index | 111 | 187 | -76 |
| State Income Tax | 6.8%▲ | 6.85% | -0.04999999999999982% |
| COL-Adjusted Median | $64,865▲ | $52,406 | +$12,459 |
| Est. Annual Take-Home | $62,004 | $84,349▲ | -$22,345 |
| COL-Adj. Take-Home | $55,859▲ | $45,106 | +$10,753 |
| Total Employment | 15,000 | 45,000 | -30,000 |
▲ = Higher value wins for this metric. Diff = Minneapolis, MN minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $26,000 more (median: $72,000 vs $98,000). However, after adjusting for cost of living (index 111 vs 187), Minneapolis, MN provides better purchasing power ($64,865 vs $52,406 equivalent). Minneapolis, MN has the lower state tax rate (6.8% vs 6.85%).
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.